Is There Too Much Private Property? Should It Be Auctioned Off?

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Other Title
  • 私有財産は多すぎるか？　競売されるべきか？
  • シユウ ザイサン ワ オオスギル カ? キョウバイ サレル ベキ カ?

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Description

In this article, I examine two important books on property theory recently translated into Japanese : Michael Heller’s Gridlock Economy（2008）and Eric A. Posner and E. Glen Weyl’s Radical Markets（2018）. Although the two books differ in their themes and prescriptions, they share a strong commitment to the idea of allocative efficiency of resources and a rather negative evaluation of the prevailing market system on this point. After criticizing some of their excessive claims, I apply their genuine insights to contemporary Japanese property rights scholarship.

Journal

  • 一橋法学

    一橋法学 19 (3), 19-63, 2020-11-10

    一橋大学大学院法学研究科

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