Is it generally best to convert an unregulated commons to smaller private parcels, or manage it as a commune with power to exclude non-members? It depends on what kind of problem the property regime is intended to solve.
This article outlines the causes and effects of the California Gold Rush
Sandwiched between the Louisiana Purchase in 1803 and the Civil War in 1861, the California Gold Rush is considered by many historians to be the most significant event of the first half of the nineteenth century.
