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In WSJ article, Squatters Cut Down the Rainforest. Brazil Wants to Give Them the Land. Brazilian cattleman João Bueno st

Posted: Mon May 02, 2022 7:53 am
by answerhappygod
In WSJ article, Squatters Cut Down the Rainforest. Brazil Wants
to Give Them the Land.
Brazilian cattleman João Bueno states: “Land without
documentation is nobody’s land, so people take advantage of it to
clear forest for pastures.”
Explain why “land without documentation is nobody’s
land” and how it relates to market efficiency and/or market
failure?