AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
Desert Town Dilemmas and the Problem of Property Rights
The Answer Is Transaction Costs
Respect for Property and the Importance of Property Rules
Respecting property is crucial, especially when addressing accidental or intentional trust pass situations. Property rules serve to protect individuals against others' actions, ensuring that decisions like damaging property are not left to others' discretion. Intentional harm to property is not justifiable, while accidental harm is viewed differently. Understanding and upholding property rules is essential for maintaining boundaries and avoiding disputes.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode