Politics and Property Rights 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Shawn Everett Kantor 作者

University Of Chicago Press

译者

1998-04-25 出版日期

208 页数

USD 24.00 价格

Paperback

丛书系列

9780226423777 图书编码

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发表于2024-11-25

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Politics and Property Rights 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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After the American Civil War, agricultural reformers in the South called for an end to unrestricted grazing of livestock on unfenced land. They advocated the stock law, which required livestock owners to fence in their animals, arguing that the existing system (in which farmers built protective fences around crops) was outdated and inhibited economic growth. The reformers steadily won their battles, and by the end of the century the range was on the way to being closed. In this study Shawn Kantor uses economic analysis to assert that contrary to traditional historical interpretation, this conflict was centered on anticipated benefits from fencing livestock rather than on class, cultural or ideological differences. The text seeks to show that the stock law brought economic benefits; and at the same time analyzes why the law's adoption was hindered in many areas where it would have increased wealth. Kantor's argument illuminates the dynamics of real-world institutional change, where transactions are often costly and where some inefficient institutions persist while others give way to economic growth.

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