Archive for Robert L. Sexton

Perspective: Valuing the Future

If private property rights are well defined and respected, then the owner of a resource has confidence that he or she will, by maintaining ownership, benefit from any increase in the future value of the resource. As evidenced by the fact that graf-fill is ubiquitous on the walls of public rest rooms but seldom seen [...]

1Feb1991 | | 0 comments | Continued

Perspective: The Politics of Poverty

Political competition depends on the skills and abilities of the competitors. How then can the poor, who lack the skills and abilities to compete successfully in the marketplace, compete in the political arena? They can’t, and therefore they haven’t. After all, if the poor had the skills and attributes that are necessary for effective political [...]

1Oct1990 | | 0 comments | Continued

Patience and Property: Corporate vs. Union Management

Managers who anticipate a short tenure with their firm unsurprisingly have little interest in long-term solutions to its basic problems. Their goal is to look as good as possible in the immediate future. — Robert Reich, The Next American Frontier It is a commonly held belief that corporations, in pursuit of short-term profits, shortchange the [...]

1Aug1990 | | 2 comments | Continued

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