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The former pupil Ronald Kouza (1937 and 1960) which have impulsed developmentPowerful "schools of the property rights" (Alchian, Becker, Cheung, Demsetz, Pejovich). Results of these researches to sum up which here we not
We undertake, have opened new possibilities for the future improvements of the legal
Frames of a market order. Simply for an illustration of that, how much deep there is our ignorance Concerning optimum forms of differentiation of the various rights, - despite Our conviction in unconditional necessity of the institute The individualised property - we will dare to make a little Remarks concerning one concrete pattern of ownership.
Slow selection by a trial and error method of system of the rules defining borders
The individual control over various resources, has created a curious situation.
Those intellectuals that basically are inclined to call into question into such forms
Properties on physical objects which act as an indispensable condition Effective utilisation of material means of production, have turned in The most vigorous supporters of the firm rights to incorporeal property - The rights developed only rather recently and concerning, for example, to To literary works and technical inventions (author's and patent The right).
The difference between these and other kinds of the property rights consists in the following:
Possession of material benefits conducts to that the limited resources begin To be used for achievement of the most important purposes, in a case The non-material blessings (literary works, technical inventions), though Possibilities to create them too are limited, but so far as they have found Existence, it is possible to reproduce them in any quantity. Limit reproduction the law which aspires to provide can only
Stimulus to generating of such ideas. Nevertheless, it is not so obvious that
The such it is artificial the called rarity represents the most effective Way of stimulation of creative process. I doubt, whether exists though One great literary work which would not appear on light, if Its founder was able not get exclusive copyrights
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