If you put a property up as collateral, then the lender knows that they can get the money back from you.

如果你以资产作抵押,贷方就知道债务偿还有了保障

耶鲁公开课 - 金融市场课程节选

So you think that this is a defense, this defense of private property in land... Yes, because it complicates original acquisition If you only cite the arrival of foreigners that cultivated the land.

所以你认为他是在，为土地的私人所有作辩护吗。,是的，因为这复杂化了“最初占有“原则,如果只引用外国人到来并耕种土地这一例子的话。

耶鲁公开课 - 公正课程节选