Articles
Tokenization Of Real-World Assets: A Market Taking Shape
Managing the profound change demands harnessing advantages, mitigating risks, and creating careful legislation.
October 21, 2026
Published October 3, 2022
Governments may be able to increase prosperity with certain laws and policies by prohibiting harmful behavior, providing public goods, and addressing externalities. But good governments further prosperity by creating institutions and rules that align individual incentives with society’s best interests. A great example: assigning and enforcing property rights over environment resources can encourage conservation and stewardship. Learn how government can improve prosperity in this video.
Discussion Questions:
- What are some examples of property rights not being used or enforced today? What are the problems that have arisen because of that?
- If property rights are essential to preventing or eliminating pollution, is pollution a government failure or a market failure, and why?
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