[PAST EVENT] 2014 Tucker Lecture: "The Resilience of Property" by Professor Lynda Butler

Thursday, January 23rd 2014
3:30pm
Law School, Room 124
613 S Henry St
Williamsburg, VA 23185
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Professor Lynda L. Butler, Chancellor Professor at W&M Law School, will present the Law School's 2014 St. George Tucker Lecture titled "The Resilience of Property." Admission is free and all are welcome.
Full Description
Resilience is essential to the ability of property to face transforming social and environmental change. For centuries, property has responded to such change through a dialectical process that identifies emerging disciplinary perspectives and debates conflicting values and norms. This dialectic promotes the resilience of property, allowing it to adapt to changing conditions and needs. Today the mainstream economic theory dominating common law property is progressively being intertwined with constitutionally protected property, undermining its long-term resilience. The coupling of the economic vision of ordinary property with constitutional property embeds the assumptions, choices, and values of the economic theory into both realms of property without regard for property's other relational planes.

A real-life theory of property -- one based on a theory-practice link -- sees the property landscape as a function of interactions among possible property arrangements and other perspective-based systems, including natural systems. Understanding property as a function of those relational planes is important to preserving its resilience. Research on the dynamics of change in social-ecological systems provides important insight into how institutions, like property, that manage resources can promote resilience. The mainstream economic theory lacks the openness and interdisciplinary inclusion needed to handle complex disturbances, ignoring conflicting perspectives and alternative visions that have played a significant role in the evolution of property. Often presented as involving either/or choices, the mainstream theory takes a singular perspective that overlooks important dialectical interactions. As subsystems of larger natural systems, complex societies need a resilient property system open to different perspectives and new knowledge if they are to handle the serious challenges of the future.

Lynda L. Butler is Chancellor Professor of Law at William & Mary Law School, Director of the William & Mary Property Rights Project, and Co-Chair of the President's Committee on Sustainability at the College of William & Mary.

The St. George Tucker Lecture Series was established in 1996 to recognize the scholarly achievements of a senior member of the William & Mary law faculty. The series is made possible through the generosity of alumni.

St. George Tucker (1752-1827), the second professor of law at William & Mary, succeeded George Wythe on the faculty and was a pioneer in legal education. He drafted a formal description of the requirements for a law degree at the College, which included an exacting schedule of qualifying examinations in subjects such as history and government. Tucker's course material was published in 1803 as the first American edition of "Blackstone's Commentaries." Tucker was also a distinguished judge, serving on both the state and federal bench for more than 30 years.
Contact
W&M Law School Office of Communications, (757)221-1840; [[w|jpwelc]]
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