Category Archive: Property RIghts

Apr
30

Give, Share, and Take are not Synonyms

A major cornerstone of the US rule of law comes from the definition and enforcement of property rights.  Long before the nation’s founding, private property had been recognized under British common law. The British did not invent private property either, as the concept goes back as long as recorded history.   Once private property was recognized, …

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Permanent link to this article: http://new.wkubbtcenter.com/2014/04/30/give-share-and-take-are-not-synonyms/

Permanent link to this article: http://new.wkubbtcenter.com/2013/01/28/the-nation-of-takers/

Aug
17

Eminent Theft

The Fifth Amendment to the US Constitution recognizes the power of the government to seize private property for public use (eminent domain) as long as just compensation is given to the owner of the property.  In 2005, the US Supreme Court expanded the definition of public purpose to include private economic development.  In Kelo vs. …

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Permanent link to this article: http://new.wkubbtcenter.com/2012/08/17/eminent-theft/

Mar
27

Make Money not War

Capitalism (free enterprise for those who like that phrase better) and war are polar opposites.  The former relies on voluntary exchanges made by free people without duress.  The latter relies on the use of force to coerce unwilling people to conform to the will of the most forceful.  It is therefore a bit confusing to …

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Permanent link to this article: http://new.wkubbtcenter.com/2012/03/27/make-money-not-war/

Nov
28

Ideology and the Functions of Government; or is President Obama, just President Bush on Steroids?

What are the major functions of government?  The answer depends upon who you ask, and whether or not they have an incentive to be truthful in their answer.  Furthermore, some people benefit from a lack of clarity in the answer to the aforementioned question and may seek to shift the enquirer to more “important” questions.  …

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Permanent link to this article: http://new.wkubbtcenter.com/2011/11/28/ideology-and-the-functions-of-government-or-is-president-obama-just-president-bush-on-steroids/

Sep
26

This Land is your Land, But it Should be my Land

For all the lip service The Ten Commandments gets, you would think that there would be only one version of it.  Nevertheless the Catholic/Lutheran tradition numbers them differently than many other protestant denominations.  For the sake of argument, I list them below in the Catholic/Lutheran tradition.  Rather than make up my own list of morality, …

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Permanent link to this article: http://new.wkubbtcenter.com/2011/09/26/this-land-is-your-land-but-it-should-be-my-land/

Feb
17

There’s more than Cheese in Wisconsin

On Saturday mornings when I was a kid, ABC routinely ran public service announcements. One that I still remember featured a character that encouraged cheese consumption. Amongst other things, he said, “When my get up and go has got up and went, I hanker for a hunk of cheese”. Wisconsin, the unofficial “cheese state”, caused …

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Permanent link to this article: http://new.wkubbtcenter.com/2011/02/17/there%e2%80%99s-more-than-cheese-in-wisconsin/

Feb
03

Exempted from the Rule of Law?

I’ve always lived by the motto that rules are needed and that it’s really good if other people follow them – but they don’t really apply to me. Apparently I’m not the only one. President Obama seems to have trouble with the concept of universally applied rules as well. The difference is that if I …

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Permanent link to this article: http://new.wkubbtcenter.com/2011/02/03/exempted-from-the-rule-of-law/

Sep
23

The Tragedy of the Commons Credit Card

The tragedy of the commons is an old economic story. When property is held communally, individuals have little incentive to preserve and protect the property while they have great incentive to use said property for their personal gain. As many other economists have noted, live bison were collectively owned on the western frontier, but dead …

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Permanent link to this article: http://new.wkubbtcenter.com/2010/09/23/the-tragedy-of-the-commons-credit-card/

Sep
03

Capitalism: “The Others” Helper

Societies have long tried to define themselves as being different from “The Others”. The Romans had their barbarians. The Jews had their Gentiles. The Nazi’s had their Jews, European colonists had their savages (be they Native Americans, Africans, etc.) Southerners had their slaves. Political populists have their “Rich”. The cast of “Lost” even literally had …

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Permanent link to this article: http://new.wkubbtcenter.com/2010/09/03/capitalism-the-others-helper/

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