Concise Encyclopedia of Economics
Property Rights [статья]
Опубликовано на портале: 05-02-2003Armen A. Alchian Concise Encyclopedia of Economics. 2002.
One of the most fundamental requirements of a capitalist economic systemand one of the most misunderstood conceptsis a strong system of property rights. The definition, allocation, and protection of property rights is one of the most complex and difficult set of issues that any society has to resolve, but it is one that must be resolved in some fashion. In this essay different aspects of private property rights system discuss.