Most economic externalities can be efficiently solved through a system of private property rights, in which costs and benefits can be negotiated.

While pundits and lawyers cross swords over free speech on social media, a quieter yet critically important principle is being ignored: property rights. In addition to violating the First Amendment, ...

Thank you, Eugene! This week, I'm blogging about a scholarly project long in the works. Earlier this summer, I published a book, Natural Property Rights, with Cambridge University Press. If readers ...