On the record
All history illustrates the principle, that when property is insecure, it will not be earned.
Source
gutenberg.orgEditor's note · Context
Mann states that insecure property rights hinder economic productivity.
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Under such a practice with regard to indictments, coupled with such a practice in regard to bail, an accusation would be as fatal as crime itself, however innocent the accused might be.
Behind these forty-one indictments for stealing stand drawn up, in battle array, against this same prisoner, seventy-four other indictments for transporting the very slaves whom he is charged to have stolen.
This ruinous system of large farms cultivated by slaves showed its effects in Italy, eighteen hundred years ago, when the Roman empire was at the height of its grandeur.
Even cold, barren New England, though more than twice as thickly peopled, grew in population at a faster rate than these old slave states.
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