Re: Property rights nutjobs
- From: "ruetheday@xxxxxxxxxx" <ruetheday@xxxxxxxxxx>
- Date: 23 Apr 2005 19:04:47 -0700
>These rights are violated any time an individual is deprived of
>his property without compensation -- when it is stolen, for
>example, but also when it is subjected to governmental
>regulation that reduces its value
I wonder if this nitwit believes in the inverse - that when there is a
positive externality that cause the value of the property in question
to increase that the property owner must compensate those who caused it
to come about. Somehow I'm guessing that the answer is no.
.
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