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The Hidden Rules of Ownership with Michael Heller

Economics Detective Radio

CHAPTER

Airplanes - The Base Line Flips

As resources become more scarce, then you see tentocy more value in creating property rights a definition. Passengers experience that in the form of pushing and pushing back. What we think about ownership is usually so natural and fixed. But that's often based on a very tenulous base line,. So for you, the base line flips between flying at night and flying during the day.

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