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Property rules don’t explain everything. Sometimes, you need liability instead. Read Calabresi and Melamed’s groundbreaking paper here: http://digitalcommons.law.yale.edu/cg... SUBSCRIBE: http://bit.ly/2dUx6wg LEARN MORE: Property Rules, Liability Rules, and Inalienability (essay): Guido Calabresi and Douglas Melamed distinguish between property entitlements and liability entitlements. http://digitalcommons.law.yale.edu/cg... Property Rules vs. Liability Rules (video): Yale professor Ian Ayres explains the differences between property rules and liability rules. https://www.youtube.com/watch?v=Eq50d... Positive Rights vs. Negative Rights (video): Just as there are different types of entitlements, there are different types of rights. Professor Aeon Skoble differentiates between positive and negative rights. https://www.youtube.com/watch?v=gXOEk... TRANSCRIPT:For a full transcript please visit: http://www.learnliberty.org/videos/pr... ‎LEARN LIBERTY:Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://www.learnliberty.org/ .

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Property rights liability Daniel Russell property rules liability rule libertarian liberty Institute for Humane Studies Learn Liberty