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Is Property Harmful to Society?
Is Property Harmful to Society? A recently published book by Rowan Moore, Property: The Myth That Built the World, argues that, while private property might benefit individuals, it is ultimately harmful to society. The book’s description on Amazon states that the book “offers hope for how things could be better, with reform that might enable…
Harvey’s Aftermath
This week, Harris County approved new development regulations intended to reduce flooding. New homes in unincorporated areas of the county will have to be built to higher standards, including elevations that may be 8 feet higher than previously required. The new regulations will increase building costs by thousands of dollars, and come at a time…
The Tragedy of the “Commons,” Part 1
In 1968, Garrett Hardin wrote a highly influential article titled “The Tragedy of the Commons,” in which he examined the problems that inherently arise when property is owned “in common.” Hardin tells the story of a pasture shared by a number of herdsmen: As a rational being, each herdsman seeks to maximize his gain. Explicitly…
Property Rights in Space: Shared Premises
While purporting to offer the foundation for “morally-justified property rights in space,” Lowe’s proposal actually is an abrogation of property rights. In terms of essentials, her paper is founded on premises shared with the Left. First, Lowe accepts the Left’s claim that space is a “celestial commons.” This gives rise to her plan to allow…
An Open Letter to Texas Central Partners
I love the idea of a privately funded, high-speed train between the two largest cities in Texas. This project epitomizes everything great about America and Texas. It is an example of individuals having an audacious dream and then working to make that dream come true. That is something worth celebrating, supporting, and admiring. However, while…
Landlords: The Latest Victims of the Pandemic
On September 4, the Centers for Disease Control and Prevention (CDC) issued an order halting residential evictions until the end of the year for the purpose of slowing the spread of SARS-CoV-2. In practical terms, this order will be economically devastating to countless landlords and property owners. In moral terms, it represents an attack on…