Prop1 Class 1 – From Nature to Commons

January 15th, 2013

Hello everyone and welcome to Property I.

Today we will cover property rights created through discovery or conquest with the case of Johnson v. M’Intosh.

During class, I will type in real time the lecture notes on this document.

In addition, I encourage each of you to post comments to our live-chat. You can use your real name or a madeup name if you prefer.

This is Chief Justice John Marshall (very nice sideburns):

220px-John_Marshall_by_Henry_Inman,_1832

This is John Locke (he resembles Mr. Burns, if he had hair). Here is a link to Chapter V of Second Treatise on Government. Chapter V focuses on property. Chapter XVI focuses on “Conquest.”

220px-JohnLocke

This is Hugo Grotius (has a Shakespeare thing going for him–he was Dutch):

grotius

This is Samuel Pufendorf (nice wig):

250px-Samuel_von_Pufendorf

Here is a map of the land at issue in Johnson.

MIntosh_Map

This is Harold Demsetz:

demsetz

This is Ronald Coase. He is 100!

coase