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Property Rights and Natural Monopolies, Part 1
The following is an excerpt from The Innovator Versus the Collective. For seventy years, Americans were told that the AT&T monopoly was good for consumers, and as a result, competition in the telephone industry was prohibited. Yet, within a few years of legalized competition, consumers had far more choices and lower priced telephone service and…
Rent Control is a Taking
A group of New York City landlords is challenging the city’s rent control laws. They contend that such laws constitute an unconstitutional taking of private property. In an OpEd piece, two legal scholars argue that rent control does not physically take the landlord’s property, and therefore, rent control is not a taking. The authors go…
An Open Letter to Jim McIngvale
ByjbpThis was originally posted on Live Oaks on July 15, 2009. Comments have not been migrated. Dear Mr. McIngvale, I recently read a story about the Greater Northside Management District (GNMD) suing you for back taxes. The Chronicle quotes you as saying, “To me, it’s taxation without representation. If they were doing something that was…
Conflicting “Rights”
In a recent column about open carry, Houston Chronicle business writer Chris Tomlinson writes: Texas law prioritizes property and employer rights over the individual’s right to bear arms, he [attorney David Barron] explained. Property owners may prohibit the concealed or open carry of weapons if they post the appropriate sign at every entrance. According to…
Posturing on the Wall
In mid-2021, Texas Gov. Greg Abbott announced a plan for the state to build a border wall. To date, the program has raised a little more than $55 million in donations and completed 900 feet of wall. The state has committed $1 billion to the project. According to the Texas Tribune, as of December 31,…