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The A Priori Foundations of Property Economics

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Tags Philosophy and MethodologyPrivate Property

07/30/2014Jörg Guido Hülsmann

 

Volume 7, No. 4 (Winter 2004)

 

Court decisions and legislation have a profound impact on the economy because they define and modify property rights. Economists have therefore always been interested in analyzing this impact. In the present work, we will deliver a critique of Coase’s approach and then outline an alternative approach to the study of law and economics. Although this alternative approach has a venerable tradition in economic science, it lacks a generally recognized name. We will call it “property economics.”

Author:

Contact Jörg Guido Hülsmann

Jörg Guido Hülsmann is senior fellow of the Mises Institute where he holds the 2018 Peterson-Luddy Chair and was director of research for Mises Fellows in residence 1999-2004.  He is author of Mises: The Last Knight of Liberalism and The Ethics of Money Production. He teaches in France, at Université d'Angers. His full CV is here.

References


 

Cite This Article

Hülsmann, Jörg Guido. "The A Priori Foundations of Property Economics." The Quarterly Journal of Austrian Economics 7, No. 4 (Winter 2004): 41–68.

 

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