Episode 247: Pachyderms, Property, and Profit
Words & Numbers
00:00
The Importance of Property Rights
Kenya forfeited their property rights to the elephants. Zimbabweans on the other hand said, no, those are ours. The importance of property rights here cannot be underestimated. If everybody has access, nobody can be stopped and everyone has an incentive to use it.
Transcript
Play full episode
