By this I refer to the fact that at the same time several people may each possess some portion of the rights to use the land. A may possess the right to grow wheat on it. B may possess the right to walk across it. C may possess the right to dump ashes and smoke on it. D may possess the right to fly an airplane over it. E may have the right to subject it to vibrations consequent to the use of some neighboring equipment. And each of these rights may be transferable. In sum, private property rights to various partitioned uses of land are "owned" by different persons.
Armen AlchianRelated topics
across ash consequent different equipment fly land property right smoke use walk wheat airplane usesRelated quotes
There has grown up in the minds of certain groups in this country the notion that because a man or corporation has made a profit out of the public for a number of years, the government and the courts are charged with the duty of guaranteeing such profit in the future, even in the face of changing circumstances and contrary public interest. This strange doctrine is not supported by statute nor common law. Neither individuals nor corporations have any right to come into court and ask that the clock of history be stopped, or turned back...
Robert A. Heinlein
Here's to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They're not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can't do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do.
Steve Jobs
If someone offends you, don't tell anyone about it except your elder, and you will be peaceful. Bow to everyone, paying no attention whether they respond to your bow or not. You must humble yourself before everyone and consider yourself the worst of all. If we have not committed the sins that others have, perhaps this is because we did not have the opportunity - the situation and circumstances were different. In each person there is something good and something bad; we usually see only the vices in people and we see nothing that is good.
Ambrose
God always was, and always is, and always will be. Or rather, God always Is. For Was and Will be are fragments of our time, and of changeable nature, but He is Eternal Being. And this is the Name that He gives to Himself when giving the Oracle to Moses in the Mount. For in Himself He sums up and contains all Being, having neither beginning in the past nor end in the future; like some great Sea of Being, limitless and unbounded, transcending all conception of time and nature, only adumbrated [intimated] by the mind, and that very dimly and scantily.
Gregory of Nazianzus
Actually, a kind of state socialism seemed to be gaining more and more ground, furthered by many of the [Nazi] party functionaries. They had already managed to have all plants owned by the state distributed among the various party districts and subordinated to their own district enterprises... Our very system of industrial direction in the interests of war production could easily become the framework for a state-socialist economic order. The result was that our organization, the more efficient it became, was itself providing the party leaders with the instruments for the doom of private enterprise.
Albert Speer