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):

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.”

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

This is Samuel Pufendorf (nice wig):

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

This is Harold Demsetz:

This is Ronald Coase. He is 100!