Uncertainty over what you own, what you can do with it, and whether you can keep the fruits of your actions makes people less aggressive in innovating and investing—and worse, drives them to lobby rule-makers for advance security at others' expense rather than advancing together through civil society.

causalpending

Speaker

Russ Roberts

Evidence Quote

the more uncertainty surrounding property rights and what you're allowed to do with your property and what you're allowed to keep from the fruits of those actions the less likely it is people are going to take risks

Source

Peter Boettke on Hurricane Katrina and the Economics of Disaster 12/18/2006EconTalk
Created: 6/17/2026, 10:29:22 AM

My Notes

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