Politics and Property Rights 在線電子書 圖書標籤:
發表於2024-11-28
Politics and Property Rights 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024
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to fence in their animals, arguing that the existing system (in which farmers built protective fences around crops) was outdated and inhibited economic growth.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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Politics and Property Rights 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024