In the article “Explorations in Economic History”, by Karen Clay and Gavin Wright, the two authors emphasize mainly on the nature of mining districts and property rights during the California gold rush which took place in the middle of the 18th century. The California gold rush is the most well-known and largest mass migration in the history of America. However, the article provides support by containing two of the authors views that coincide, which are from the popular perception and academic literature perception. The popular perception view shows how the term gold rush refers to a disorderly struggle to get access from high-profit opportunities. The academic literature view comes from a specialist, where he/she exemplifies that the early
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They argue that enforcement could occur under the first party, second party, and third party enforcement, meaning that one of the enforcements could have obeyed the rules in regards to the others. However, in the mining fields, the lack of the third party enforcement was in play. The third party enforcement was the miners who punish the violator, which they acted independently. However, the authors appeals to pathos by drawing attention on how “third-party enforcement was essentially a public good, and suffered from classic problems of undersupply and free-riding. Miners often had to fight or risk losing their claims” (Clay and Wright 17). Clay and Wright show the emotion by describing how the miners who punished the violator are at a risk of losing their claims. This leads to the authors appealing to ethos because if there are no guidelines about who gets rewarded the claims, then the property rights are unknown and the third party enforcement is still lacking its job. This reinforces his appeal to ethos by making it known to readers the effects property rights have on the third party …show more content…
However, Americans would compare the California gold rush to the people that consistently move jobs to get an increase in income. This signifies to the gold rush because many immigrants would travel across borders with the clothes and shoes they left with to mine for gold in California. Overall, this article analyzes the situation of miners who competed to find amounts of gold at mining districts under certain circumstances. Clay and Wright make a reasonable argument subjecting on how property rights the lack of the third party enforcement and the occurrence of mining in a legal vacuum. The authors interpret that there was no law against mining in California, which brought thousands of immigrants. So, Clay and Wright illustrate that miners had to have rights to be able to continue their process of discovering
They argue that enforcement could occur under the first party, second party, and third party enforcement, meaning that one of the enforcements could have obeyed the rules in regards to the others. However, in the mining fields, the lack of the third party enforcement was in play. The third party enforcement was the miners who punish the violator, which they acted independently. However, the authors appeals to pathos by drawing attention on how “third-party enforcement was essentially a public good, and suffered from classic problems of undersupply and free-riding. Miners often had to fight or risk losing their claims” (Clay and Wright 17). Clay and Wright show the emotion by describing how the miners who punished the violator are at a risk of losing their claims. This leads to the authors appealing to ethos because if there are no guidelines about who gets rewarded the claims, then the property rights are unknown and the third party enforcement is still lacking its job. This reinforces his appeal to ethos by making it known to readers the effects property rights have on the third party …show more content…
However, Americans would compare the California gold rush to the people that consistently move jobs to get an increase in income. This signifies to the gold rush because many immigrants would travel across borders with the clothes and shoes they left with to mine for gold in California. Overall, this article analyzes the situation of miners who competed to find amounts of gold at mining districts under certain circumstances. Clay and Wright make a reasonable argument subjecting on how property rights the lack of the third party enforcement and the occurrence of mining in a legal vacuum. The authors interpret that there was no law against mining in California, which brought thousands of immigrants. So, Clay and Wright illustrate that miners had to have rights to be able to continue their process of discovering