21 sats \ 1 reply \ @Coinsreporter 7 May \ on: There Is No Prosperity without Private Property econ
Private property rights are not as same as allodial property rights. In US, there's no such property that can be classified as allodial.
Property rights are obviously imperfectly enforced, but that doesn't change what they are conceptually. The closer societies are to proper rights enforcement the wealthier they will be.
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