The Origin of Private Property

Originally there was no private property. Everyone would graze their animals on the same common plot of land. There was a strong temptation to overgraze. If you didn’t, somebody else would. This caused a race to ecological collapse. Somebody came up with the brilliant idea of private property to solve this tragedy of the commons. Private properly allotted a bit of land to each person. People then each had motivation not to overgraze. They directly benefited from all their efforts at conservation and land improvement.

~ Roedy (born:1948-02-04 age:68)