1. Government is important because it can and should establish and enforce rules of conduct and protect property rights. 2. He has, he says, no wish to compromise the commercial and intellectual property rights of the research based pharmaceutical companies. 3. Market systems that allow individuals to pursue their own interests within a system of property rights, contracts, and Market prices. 4. Property rights thus have a distributional implication - who compensates whom - but also act to achieve the socially efficient allocation. 5. Reforms to property rights, pension ear-Marking and changes to allow couples to enter enforceable cohabitation contracts are also suggested. 6. Similarly, the principle of the Law of Jubilee was that the rich should not be allowed to accumulate all property rights. 7. The United States sees intellectual property rights as sacred, said Thomas Klitgaard, an attorney specializing in international law. |
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