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The “Greedy Private Property” Deception

The “Greedy Private Property” Deception

  A "property right" entitles one party to exclude another from interacting with a scarce part of the universe - i.e. to have a property right in my car entitles me to exclude others from driving it to Dallas when I wish to drive it to Phoenix. There is no...

Who Do We Blame?

Who Do We Blame?

This is from The Wall Street Journal last week: FTX suffered a “complete failure of corporate controls” that culminated in an “unprecedented debacle,” its new chief executive officer said Thursday. John J. Ray, who has helped oversee some of the biggest bankruptcies...

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