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@fgbjr@indieweb.social

2026-04-22 16:16 UTC

@mjg59@nondeterministic.computer No one seems to bring up the argument by Harold Demsetz that putting everything under private ownership everywhere is the way to solve these problems. In terms of policy, that seems more like the spot where things started going off the rails? Demsetz' piece, which is also, shall we say, a product of its time, came out a year before Hardin's. H. Demsetz, "Toward a Theory of Property Rights," American Economic Review (1967).

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