Property Law and the Mortgage Crisis: Libertarian Fantasies and Subprime Realities
Access StatusFull text of the requested work is not available in DASH at this time ("dark deposit"). For more information on dark deposits, see our FAQ.
MetadataShow full item record
CitationJoseph Singer, Property Law and the Mortgage Crisis: Libertarian Fantasies and Subprime Realities, 1 Prop. L. Rev. 7 (2011).
AbstractLibertarian thinking is on the rise in the United States, but libertarians wrongly characterise regulation as a deprivation of both freedom and property rights and an inefficient interference with the free market. While libertarians are correct to praise the value of freedom, they fail to appreciate how regulations promote liberty, property and efficiency. The subprime crisis reminds us that neither property nor liberty nor the market can exist without law. Laws establish minimum standards for economic and social relationships appropriate to a free and democratic society that treats each person with equal concern and respect. Property rights are structured by law to protect consumers from unfair practices and to ensure that economic relationships comply with minimum standards of decency.
Citable link to this pagehttp://nrs.harvard.edu/urn-3:HUL.InstRepos:10875973
- HLS Scholarly Articles