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Harold Demsetz, in Toward a Theory of Property Rights, makes the case that economic and historical factors determine the particular bundle of rights that constitute “property rights”. He points to the case of Native American tribes and land rights: once the costs of externalities (the tragedy of the commons, in this case) outweighs the cost [...]
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I’ve said before that Conservatism and Liberalism are not ideologies so much as aesthetics. The specific ideological content of the labels varies so much by place, time, and context (e.g. theologically conservative or liberal). Even in a particular place at a particular time, no one can quite agree what “most conservative” means. There are attempts [...]
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Transcript follows. In September 2011, the North Carolina General Assembly passed SB 514, called “An act to amend the constitution to provide that marriage between one man and one woman is the only domestic legal union that shall be valid or recognized in this state.” In May of 2012, voters of North Carolina will get [...]
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Or, What the Doctrine of Election Says about Your Vote in the Next Election. One of the lesser splits between Catholic and Protestant doctrine concerns the relation of politics to the fall of man. Would we have presidents and legislatures and kings on earth had there been no fall? Certainly if politics is no more [...]
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American Christians very often tend to vote “one of their own” in political elections. No doubt this is more a result of in-group/out-group mentality than Biblical doctrine. Nevertheless it is a powerful force, once for socialism, and more recently with the revival of Evangelicalism for social conservatism. And what would evince Christian bona-fides better than [...]
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When the last bastions of the old media go under, it will not be with a bang but a whimper. It will be a long slide, not a cataclysmic collapse. And for this we have piracy to thank. This is the saving grace of piracy, that it adjusts our economy to changes made necessary by [...]