The Not So Wild, Wild West: Property Rights on the Frontier
Stanford University Press, 2004 - Business & Economics - 263 pages
Mention of the American West usually evokes images of rough and tumble cowboys, ranchers, and outlaws. In contrast, The Not So Wild, Wild West casts America's frontier history in a new framework that emphasizes the creation of institutions, both formal and informal, that facilitated cooperation rather than conflict. Rather than describing the frontier as a place where heroes met villains, this book argues that everyday people helped carve out legal institutions that tamed the West.
The authors emphasize that ownership of resources evolves as those resources become more valuable or as establishing property rights becomes less costly. Rules evolving at the local level will be more effective because local people have a greater stake in the outcome. This theory is brought to life in the colorful history of Indians, fur trappers, buffalo hunters, cattle drovers, homesteaders, and miners. The book concludes with a chapter that takes lessons from the American frontier and applies them to our modern "frontiers"—the environment, developing countries, and space exploration.
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Review: The Not So Wild, Wild West: Property Rights on the FrontierUser Review - Paul S Vigil - Goodreads
I thought it was a fun read...especially since I was able to meet the author and he sat in on a class for us. Read full review
Review: The Not So Wild, Wild West: Property Rights on the FrontierUser Review - msdanconia - Goodreads
Preconceptions about the Wild, Wild West will not survive this book. Anderson and Hill debunk the popular thesis that the Old West was a place of anarchy and lawlessness before the entry of government ... Read full review
Heroes Villains and Real Cowboys
The Institutions That Tamed the West
Property Rights in Indian Country
Might Takes Rights in Indian Country
Traders Trappers and Hunters
Theres Property Rights in Them Thar Hills
Cowboys and Contracts