Property and the Common Law

Property and the Common Law

What kind of rule provides stable property possession within a complex system of property ownership and leasing?  Professor Richard Epstein of NYU School of Law gives a basic definition of the rules of property, then goes through a variety of cases and examples integral to Anglo-American property law.  Professor Epstein provides an alternative to the conventional view that property rights are arbitrarily created by the state, and therefore can be changed at will by the state; a few simple rules, he argues, are universal principles of social organization, consistent across time and culture, which form the basis of social gains.

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5 of 11: Undermining Voluntary Property Arrangements [Introduction to Common Law] [No. 86]

Should the government be involved in property arrangements between private individuals? In this episode, a continuation of a discussion of core principles of Property Law, Professor Richard Epstein of NYU School of Law discusses rent control laws an ... Should the government be involved in property arrangements between private individuals? In this episode, a continuation of a discussion of core principles of Property Law, Professor Richard Epstein of NYU School of Law discusses rent control laws and how to optimize leasing arrangements between parties.

Professor Epstein provides an alternative to the conventional view that property rights are arbitrarily created by the state, and therefore can be changed at will by the state; a few simple rules, he argues, are universal principles of social organization, consistent across time and culture, which form the basis of social gains.

Professor Epstein is the inaugural Laurence A. Tisch Professor of Law at NYU School of Law, a Senior Fellow at the Hoover Institution, and Professor of Law Emeritus and a senior lecturer at the University of Chicago.

As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.

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Related links:

Acton Institute: Private Property and Public Good
https://www.youtube.com/playlist?list=PLWwcngsYgoUX3i5tMPI9kDQtoLuOXCsN_

Rent Control: The Concise Encyclopedia of Economics
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Cuts in federal housing help would hurt people’s health, research suggests
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Richard Epstein: Simple Rules for a Complex World
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