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美国淘金热时期的产权状况.pdf
Stanford Law School
John M. Olin Program in Law and Economics
Working Paper 265
June 2003
Order Without Law?
Property Rights During the California Gold Rush
Karen Clay
Gavin Wright
This paper can be downloaded without charge from the
Social Science Research Network Electronic Paper Collection:
/paper.taf?abstract_id=420960
*
Order Without Law? Property Rights During the California Gold Rush
by Karen Clay and Gavin Wright
June 2003
Karen Clay
The Heinz School
Carnegie Mellon University
Pittsburgh, PA 15217
(412) 268-4197
kclay@
Gavin Wright
Department of Economics
Stanford University
Stanford, CA 94305
(650) 723-3837
write@
* For valuable advice and comments, the authors thank Roxanne Nilan, Gregory Clark, Avner
Greif, and seminar participants at Carnegie-Mellon, UC-Riverside, the University of the Pacific,
and the All-UC Economic History Group. Expert research assistance was provided by Aaron
Althouse, Kyle Brinkman, Petra Moser, and Mary Speck. For help with historical documents,
we are grateful to Lorrayne Kennedy of the Calaveras County Archives, and to Ken Mayhan and
Ray Milenna of the Tuolumne County Museum. None of these people are responsible for any
remaining shortcomings.
1
Abstract
The paper reconsiders the nature of mining districts and property rights during the California
gold rush. According to a widely accepted view advanced by Umbeck (1977, 1981), in the
absence of effective legal authority, district codes established secure pr
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