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Property rights form the relationship between individuals and their goods. They are the cornerstone of the pricing, supply and fair allocation of scarce resources between people. This is a collection of writings from the founders of the field, including James M. Buchanan and Douglass C. North.;The book addresses the development of property rights, the effects of property rights on the allocation of resources and the link between alternative property rights and the production of wealth.;This work should be of interest to economists interested in law and economics, and also to political scientists and those interested in public choice theory.