Chapter 49

Property Rights in an Era of Global Finance

A. Lehavi

Interdisciplinary Center (IDC), Herzliya, Israel

Outline

Introduction

From time immemorial, property rights have been a source of enormous legal, economic, and political interest. In Commentaries on the Laws of England, Blackstone (1765) famously stated that “there is nothing which so generally strikes the imagination, and engages the affections of mankind, as the right of property.” Indeed, the nature and scope of property rights ...

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