Many of us share Netflix passwords. We think it is okay to recline in our airplane seat. And we would be horrified if someone casually took the groceries out of our cart at the checkout. All three situations are similar.…
While it can be tough to decide who owns a meteorite, in China and the U.S., those “intergalactic” property rights matter since they determine who profits.
Thinking of drone regulations for deliveries from firms like Domino’s, we can decide if we have property rights above our homes that limit where they fly.
This week’s economic news summary includes the diner’s dilemma and marginal analysis, property rights in outer space, the Phillip’s Curve and unemployment.
Now that the technology will soon exist to mine asteroids and profit from them, property rights in outer space have become a relevant legal issue.
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