Contract Theory, Title Transfer, and Libertarianism

dc.contributor.authorDominiak, Łukasz
dc.contributor.authorFegley, Tate
dc.date.accessioned2023-03-22T07:19:47Z
dc.date.available2023-03-22T07:19:47Z
dc.date.issued2023-03-22
dc.descriptionThis research was funded in whole or in part by the National Science Centre, Poland, grant number 2020/39/B/HS5/00610. For the purpose of Open Access, the author has applied a CC-BY public copyright licence to any Author Accepted Manuscript (AAM) version arising from this submission.pl
dc.description.abstractIn the present paper we argue that the theory of contracts embraced by many libertarian scholars and relied upon by them in sundry important debates (e.g. over morality of the fractional reserve banking or loan maturity mismatching etc.), that is, the title transfer theory of contracts (TTT) should be rejected as not being able to account for the binding force of future-oriented contracts, including contracts deemed enforceable by those scholars themselves. The TTT claims that the only contracts that should be legally binding are these where the debtor’s failure to abide by them constitutes a violation of the creditor’s private property rights. However, as we argue, no default of the debtor in a future-oriented contract can in itself amount to such a violation.pl
dc.description.sponsorshipNarodowe Centrum Nauki/National Science Centrepl
dc.identifier.citationDiametros: A Journal of Philosophy, 2022, vol. 19, No. 72, pp.1-25.
dc.identifier.issn1733-5566
dc.identifier.urihttp://repozytorium.umk.pl/handle/item/6842
dc.language.isoengpl
dc.relation.ispartofseriesDiametros: A Journal of Philosophy;19(72)
dc.rightsAttribution 3.0 Poland*
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/pl/*
dc.subjecttitle transferpl
dc.subjectcontract theorypl
dc.subjectlibertarianismpl
dc.subjectproperty rightspl
dc.subjectfree marketpl
dc.titleContract Theory, Title Transfer, and Libertarianismpl
dc.typeinfo:eu-repo/semantics/articlepl

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