Prop1 Class 1 – From Nature to Commons

January 12th, 2017

Class 1 – 1/12/17

From Nature to Commons

  • Johnson v. M’Inotsh, 3-10
  • Notes and Questions, 10-18
  • Toward a Theory of Property Rights, 40-46

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.

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 died in 2013 at the age of 100!