ORCID
Document Type
Article
Publication Date
2003
Abstract
Private property is widely perceived as a potent prodevelopment and anticonservationist force. The drive to accumulate wealth through private property rights is thought to encourage environmentally destructive development; legal protection of such property rights is believed to thwart environmentally friendly public measures. Indeed, property rights advocates and environmentalists are generally described as irreconcilable foes. This presumed clash often leads environmentalists to urge public acquisition of private lands. Interestingly, less attention is paid to the possibility that the government may prove no better a conservator than private owners. Government actors often mismanage conservation properties, collaborating with private developers to dispose of government property at submarket prices and encouraging inefficient development on conservation property. The federal Bureau of Land Management, for instance, came under fire in a recent congressional report for its sale of seventy acres of Nevada land to a private developer for $763,000; the developer sold the land the next day for $4.6 million.
Keywords
property, conservation, preservation, commons, anticommons
Publication Title
Michigan Law Review
Repository Citation
Bell, Abraham and Parchomovsky, Gideon, "Of Property and Anti-Property" (2003). All Faculty Scholarship. 1317.
https://scholarship.law.upenn.edu/faculty_scholarship/1317
Included in
Economic Policy Commons, Economic Theory Commons, Growth and Development Commons, Law and Economics Commons, Legal History Commons, Policy Design, Analysis, and Evaluation Commons, Political Economy Commons, Property Law and Real Estate Commons
Publication Citation
102 Mich. L. Rev. 1 (2003)