3min chapter

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Lars Doucet - Progress, Poverty, Georgism, & Why Rent is Too Damn High

Dwarkesh Podcast

CHAPTER

Are You Getting the Mineral Rights When You Buy Land?

In America, mineral rights and land rights are totally different. Usually when you buy land in Texas, in America, like you actually don't have the mineral rights. In England, if you find treasure, you're going to be rewarded for it. The opposite of this is the Spanish government. Whenever someone finds a ship full of gal, a galleon full of gold doubloons on the bottom of the ocean, if you go and you invest the capital, bring that up to the surface,. You know, and you're in Spanish waters or the Spanish government finds you. It'll be way better than having a tax is record. None of it's like open to potentially even the

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