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Cambodian sculptures looted in the 1970s may be returned

Cambodian sculptures looted in the 1970s may be returned

A set of statues taken from ancient temples in Cambodia dating to the 900s A.D. have been identified as looted property. Some links to recent news articles from the New York Times and LA Times.     http://www.nytimes.com/2012/04/05/arts/design/ancient-cambodian-statue-is-seized-from-sothebys.html   http://www.latimes.com/entertainment/arts/culture/la-et-cm-metropolitan-museum-returns-cambodian-statues-20130503,0,7528448.story   http://www.nytimes.com/2012/06/02/arts/design/cambodia-to-ask-met-to-return-10th-century-statues.html     While the details are murky, it appears the stone statues disappeared from [...]

Posted in: The Cultural Front
Denying Justice by Delaying It? The ECHR and Property Restitution in Romania

Denying Justice by Delaying It? The ECHR and Property Restitution in Romania

On April 3, 2013, the European Court of Human Rights (ECHR) granted the Romanian government yet another extension in the hope that owners of property abusively confiscated by the communist regime will see justice. In October 2010, in a pilot judgment in the Maria Atanasiu vs. Romania case the ECHR asked Romania to revise the [...]

Posted in: Newsreel
On the Politics and Culture of Organized Theft

On the Politics and Culture of Organized Theft

Art is property that is unlike any other. While it is moveable property and has monetary value, it cannot be rebuilt. Its value lies in the unique skill of its creator but also in how it is embedded in culture and identity. Historically significant buildings may have a similar function but building can be and [...]

Posted in: The Cultural Front
Letter from the Editor

Letter from the Editor

Dear Readers, Welcome to the first issue of the Journal of Property Rights in Transition. We decided to launch our project with a focus on Cuba, largely because Cuba is an excellent case study of the pathology we have set out to explore and remedy. There is still neither regime change nor earnest economic and [...]

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Property Rights and Restitution: The Cuban Context

Property Rights and Restitution: The Cuban Context

The study of restitution was once a major field of activity in U.S. academic circles. As a nation founded firmly on an understanding of the natural gift of property rights, the theory of returning original property to original owners who were deprived of it against their will bears almost a metaphysical power – an owner’s [...]

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Constitutional Coups: A Threat to Private Property

Constitutional Coups: A Threat to Private Property

In the twenty-first century so-called “democratic elections” are being used to grasp power and foster objectives that challenge the basic institutions of free societies. One vote, one man, voting once, some cynically say about some of the Middle Eastern countries during and after the Arab Spring. The problem is not novel. The French political philosopher [...]

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Titling Cuba: Resolving Ownership, Allocation and Productivity Problems in a Post-Communist Agricultural Sector

Titling Cuba: Resolving Ownership, Allocation and Productivity Problems in a Post-Communist Agricultural Sector

Property rights in the Cuban countryside took on inauspicious beginnings in the sixteenth century when the Spanish Crown began making land grants called mercedes, distributed to colonial settlers in the form of circles. Ownership interests in the circles were also partitioned at oblique angles; grants were made to a grantee and all his descendants as [...]

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Portugal’s Fleeting Experience with Socialism: The State Enterprise Sector

Portugal’s Fleeting Experience with Socialism: The State Enterprise Sector

The military coup of 25 April 1974, which ousted the long-lived authoritarian Salazar-Caetano regime, was rapidly transformed into a social revolution that profoundly recast Portugal’s political and economic systems. The revolutionary leadership undercut the former elite’s economic base by nationalizing the banks and most of the country’s heavy and medium-sized firms; expropriating landed estates in [...]

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Buyer Beware: Foreign Investment and Property Rights in Cuba

Buyer Beware: Foreign Investment and Property Rights in Cuba

Coming this week… To find out when “Buyer Beware” will be available, sign-up here.  

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Albania’s Property Restitution Quagmire

Albania’s Property Restitution Quagmire

The Albanian Property Restitution and Compensation Agency: The Property Restitution and Compensation Process as a Constitutional and Integration Obligationby Drini Çano(Saarbrücken: VDM Verlag Dr. Müller, 2009)60 ppUS $68 In this horribly edited slim and dry booklet, Drini Çano argues in stilted and stultifying Euronglish legalese that Albania’s incomplete property restitution process, under way for the [...]

Posted in: Common Core