Economics Review of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order
Abstract This article challenges some fundamental propositions of property rights theory by revealing the inability of new institutional economics to fully grasp the notion of property, as reflected in its narrow and problematic definition of property rights. The concept of property relations is pro...
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ftciteseerx:oai:CiteSeerX.psu:10.1.1.1049.4829 2023-05-15T17:13:13+02:00 Economics Review of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order Dimitris Milonakis Giorgos Meramveliotakis Economicsmilonakis Meramveliotakis Milonakis Meramveliotakis Economics, Dimitris Milonakis The Pennsylvania State University CiteSeerX Archives application/pdf http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.1049.4829 http://content.csbs.utah.edu/%7Emli/Economics%207004/Milonakis-Economics%20of%20Property%20Rights.pdf en eng http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.1049.4829 http://content.csbs.utah.edu/%7Emli/Economics%207004/Milonakis-Economics%20of%20Property%20Rights.pdf Metadata may be used without restrictions as long as the oai identifier remains attached to it. http://content.csbs.utah.edu/%7Emli/Economics%207004/Milonakis-Economics%20of%20Property%20Rights.pdf text ftciteseerx 2020-04-05T00:25:07Z Abstract This article challenges some fundamental propositions of property rights theory by revealing the inability of new institutional economics to fully grasp the notion of property, as reflected in its narrow and problematic definition of property rights. The concept of property relations is proposed as better suited to capture the social and institutional aspects of property. By reconsidering the case of the Montagnais, originally used by Alchian and Demsetz for illustrative purposes, and drawing on the works of Polanyi and McManus, we show that the historical explanation of the emergence of (private) property rights provided by Alchian and Demsetz is flawed. JEL Codes: D02, D23, P14 Text montagnais Unknown |
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English |
description |
Abstract This article challenges some fundamental propositions of property rights theory by revealing the inability of new institutional economics to fully grasp the notion of property, as reflected in its narrow and problematic definition of property rights. The concept of property relations is proposed as better suited to capture the social and institutional aspects of property. By reconsidering the case of the Montagnais, originally used by Alchian and Demsetz for illustrative purposes, and drawing on the works of Polanyi and McManus, we show that the historical explanation of the emergence of (private) property rights provided by Alchian and Demsetz is flawed. JEL Codes: D02, D23, P14 |
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The Pennsylvania State University CiteSeerX Archives |
format |
Text |
author |
Dimitris Milonakis Giorgos Meramveliotakis Economicsmilonakis Meramveliotakis Milonakis Meramveliotakis Economics, Dimitris Milonakis |
spellingShingle |
Dimitris Milonakis Giorgos Meramveliotakis Economicsmilonakis Meramveliotakis Milonakis Meramveliotakis Economics, Dimitris Milonakis Economics Review of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order |
author_facet |
Dimitris Milonakis Giorgos Meramveliotakis Economicsmilonakis Meramveliotakis Milonakis Meramveliotakis Economics, Dimitris Milonakis |
author_sort |
Dimitris Milonakis |
title |
Economics Review of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order |
title_short |
Economics Review of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order |
title_full |
Economics Review of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order |
title_fullStr |
Economics Review of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order |
title_full_unstemmed |
Economics Review of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order of Radical Political Homo Economicus and the Economics of Property Rights: History in Reverse Order |
title_sort |
economics review of radical political homo economicus and the economics of property rights: history in reverse order of radical political homo economicus and the economics of property rights: history in reverse order |
url |
http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.1049.4829 http://content.csbs.utah.edu/%7Emli/Economics%207004/Milonakis-Economics%20of%20Property%20Rights.pdf |
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montagnais |
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montagnais |
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http://content.csbs.utah.edu/%7Emli/Economics%207004/Milonakis-Economics%20of%20Property%20Rights.pdf |
op_relation |
http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.1049.4829 http://content.csbs.utah.edu/%7Emli/Economics%207004/Milonakis-Economics%20of%20Property%20Rights.pdf |
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Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
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1766070148457824256 |