Modern Economic Problems - Economics Volume II by Frank Albert Fetter
page 38 of 580 (06%)
page 38 of 580 (06%)
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has been in large measure abolished. What interests us are the rights
(claims) that men have to the control of wealth and services, whether by technical law these are called legal or equitable, and this right is what is meant by "property" in our discussion of it.] [Footnote: 3 This confusion has had important practical consequences in the field of taxation. See Vol. I, pp. 265-267, and below, ch. 17.] [Footnote 4: These claims mutually delimit each other (whether they be called equitable claims, or liens, or property rights), and wealth is not multiplied by multiplying the claims, as is unfortunately sometimes assumed to be the case. See above, sec. 3.] [Footnote 5: See Vol. I, p. 51.] [Footnote 6: See Vol. I, p. 73.] [Footnote 7: This will appear in comparing the competitive method of distribution with other methods in ch. 31.] [Footnote 8: See Vol. I, p. 143, on medieval land tenures; p. 158, on customary rents; p. 190, on the effect of caste.] [Footnote 9: See Vol. I, p. 227.] PART II |
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