Long Division


American thinkers have long perceived a connection between robust democracy and a relatively egalitarian distribution of wealth. For all their differences, John Adams and Thomas Jefferson agreed that property begets power, and both expressed anxiety about excesses of the former unbalancing the latter. In 1785, Jefferson wrote that the consequences of “enormous inequality” were so pernicious that “legislators cannot invent too many devices for subdividing property.”...

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About the Author

Eduardo Moisés Peñalver is the Allan R. Tessler Dean of the Cornell Law School. He is the author of numerous books and articles on the subjects of property and land use law.