Traditionally, general-equilibrium models have taken effective property rights to be given and have been concerned only with analysing the allocation of resources among productive uses and the distribution of the resulting product. But, this formulation of the economic problem is incomplete...

Traditionally, general-equilibrium models have taken effective property rights to be given and have been concerned only with analysing the allocation of resources among productive uses and the distribution of the resulting product. But, this formulation of the economic problem is incomplete...

This essay develops an economic theory of insurrections. The decision-making agents in this theory are an incumbent ruler, a potential leader of an insurrection, and a large number of peasant or worker families. The essay distinguishes insurrections that attempt only to appropriate current...