Tag: property-rights
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The Economics of Colonial Land Systems
Examine how colonial land distribution created durable inequality — the hacienda system, latifundia vs. minifundia, differences between settler and extraction colonies, and Acemoglu, Johnson, and Robinson's reversal of fortune argument about how extractive colonial institutions created persistent poverty.
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How Colonial Land Grants Shaped American Development
Examine how different land distribution systems in New England, Virginia, and Pennsylvania created divergent economic structures, how land speculation drove westward expansion, the Northwest Ordinance as institutional innovation, and what colonial land patterns reveal about path dependence in property rights systems.
