Svetozar "Steve" Pejovich, one of the most dynamic and insightful theorists writing on property rights, reflects on his experience in economics. With characteristic sagacity and humor, he demonstrates the power that empirical cases can bring to bear on theoretical problems. Born in Belgrade, Pejovich is Professor Emeritus at Texas A&M University, where he taught for over twenty years, and the author of many influential articles and books including The Economics of Property Rights: Towards a Theory of Comparative Systems and Law, Informal Rules, and Economic Performance: The Case for Common Law. In the late 1970s, he was Professor and Chair of the Department of Economics at the University of Dallas, where he also...