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Archive for May 7th, 2008

A Misguided Enterprise? continue…

Wednesday, May 7th, 2008

P4 is both overdrawn and confused. It is true that intangible property is increasingly important. It is also true that, with the rise of the trust and the publicly held corporation, conceiving of property as a bundle of rights is especially useful. But if the criticism of P1 is sound, intangibles have long been considered […]

A Misguided Enterprise?

Wednesday, May 7th, 2008

Some might claim that it is misguided to analyze property and property rights in the way suggested here because the notion of property is too fragmented to allow for a general theory. A provocative article by Grey seems to make this claim. He contends that the “disintegration” of property ultimately means that property “ceases to […]