In November 2003, six authors gathered at an International Symposium at the University of Bremen to discuss their approaches to property challenging the mainstream theory of property rights: Tom Bethell (Stanford), Gunnar Heinsohn (Bremen), Richard Pipes (Harvard), Hernando de Soto (Lima), Hans-Joachim Stadermann (Berlin), and Otto Steiger (Bremen). Their approaches were commented on and applied to a range of different fields by property experts from five nations. The altogether 19 papers are collected in this edition. Contents Otto Steiger Property rights, genuine money and the foundations of the economy Part I: The property-based theory of the economy: discussion and new aspects Thomas G. Betz The property theories of Bethell, Pipes and de Soto Ulf Heinsohn Property, development and de Soto's approach Hans G. Nutzinger The property approach of Heinsohn and Steiger Augusto Graziani The property theory of interest and money Paul C. Martin Power, the State and the institution of property Part II: Fundamentals of property economics Richard Pipes Russian Patrimonialism and its political consequences Tom Bethell Why isn't the whole world developed? Hernando de Soto Dead Capital, fluid capital and money Gunnar Heinsohn/Otto Steiger Collateral and own capital Hans Joachim Stadermann Property as a central bank's guide to monetary policy Gunnar Heinsohn Where does the market come from? Otto Steiger The fundamental flaw in new institutional economics Part III: The interplay of property with different fields Camille Cornand Liquidity crises of private corporations in emerging economies and international bankruptcy rules Ramona Rupeika-Apoga Good securities and the central bank of Latvia Jan Beaufort The property-based theory of the economy? Some philosophical aspects Marco Lehmann-Waffenschmidt The appeal of money for economic growth Hans-Ulrich Niemitz Understanding the difference between moral standards and ethics Rolf Steppacher Property and mineral resources Heribert Illig Labor pains experienced in a possible shift of paradigm Index