Property Rights, Conservation, and Community: The Evolution of Private and Common Property Rights
How do individuals manage the use and disposition of property? On one approach, individuals maintain private rights over the use and disposition of property, but throughout human history we see many examples of communally held rights over property. Homeowners associations, commonly held fishing rights, and water irrigation cooperatives are just a few examples where it is possible that individuals voluntarily holding rights communally may be better off than if those rights were held individually. What are the implications for liberty under these rights systems? Do they lead to greater limits on liberty, or are they typically voluntary and thus enhancing freedom and responsibility?
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