Property rights are the rules governing ownership in society. This Element offers an analytical framework to understand the origins and consequences of property rights. In analyzing property rights, the authors emphasize the complementarity of insights from a diversity of disciplinary perspectives.
The book explores the significance of claim clubs as pivotal in shaping property institutions during a crucial era in American history. It argues that these organizations played a vital role in the development and transformation of property rights, highlighting their influence on social and economic structures. By examining the historical context and impact of claim clubs, the author provides a compelling analysis of their contributions to the evolution of property law and community governance.