"This book chronicles the "mania" for land speculation that swept the new United States, as the nation's elite founders rushed to profit off Native American dispossession. A story of statecraft, capitalism, ambition, and corruption, it offers a new account of the consequences of U.S....

Property rights are the most fundamental institution in any society. They determine who has decision-making authority over assets and who bears the costs and benefits of those decisions. They assign ownership, wealth, political influence, and social standing. They make markets possible; define...