Actually reaches way back to the Bronze Age too. Property was not considered individual. It was held by communally by families. Fascinating how that changed.
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Replying to @wraithburn @BostonDelendEst and
it's almost like that change had something to do with us becoming modern
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Replying to @MorlockP @BostonDelendEst and
Tragedy of the commons. Would the anarco-libertarian solution be along the lines of explicitly defining the intangible asset and putting it on someone's books?
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actually, intangible assets are often on the books! "intangible" means "not physical", not "not quantifiable" we humans quantify the non physical all the time!https://en.wikipedia.org/wiki/Goodwill_(accounting) …
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Neither did I, at least not really until now. You guys explain things so much better than any of my college professors save maybe one or two.
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10:41 AM - 25 Jun 2019
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