Friday, January 13, 2012

The Genius of Individual Ownership

When I teach Pierson v. Post, we spend a few minutes talking about why the judges just didn't order the litigants to just share the fox pelt.  The point I try to make is that property law is biased in favor of individual ownership -- the administrative and monitoring costs are much lower.  To drive this point home, I show the first 1:45 of this clip from the Big Bang Theory.  The premise is that four close friends have pooled their money together and purchased a prop from the movie, Time Machine. Property-themed hilarity ensues:


Steve Clowney

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That's awesome. I watched that episode the other day and was struck by it, but I didn't think about integrating it into a discussion of Pierson v. Post. But I will now!

Posted by: Tanya Marsh | Jan 16, 2012 4:15:15 PM

That is great.

Posted by: Marc Roark | Jan 17, 2012 2:59:25 PM

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