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Law and Economics

Gary Richardson

Selected Works

Property Rights

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Full-Text Articles in Law

Estate Acts, 1600 To 1830: A New Source For British History, Gary Richardson Dec 2007

Estate Acts, 1600 To 1830: A New Source For British History, Gary Richardson

Gary Richardson

A new database demonstrates that between 1600 and 1830, Parliament passed thousands of acts restructuring rights to real and equitable estates. These estate acts enabled individuals and families to sell, mortgage, lease, exchange, and improve land previously bound by landholding and inheritance laws. This essay provides a factual foundation for research on this important topic: the law and economics of property rights during the period preceding the Industrial Revolution. Tables present time-series, cross-sectional, and panel data that should serve as a foundation for empirical analysis. Preliminary analysis indicates ways in which this new evidence may shape our understanding of British …