In the case of conflict diamonds, the strict enforcement of property rights has led to too fast of a rate of extraction.

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Conflict diamonds, also known as "blood diamonds," are mined in war zones and sold to finance armed conflict against governments. The issue with conflict diamonds is not related to the enforcement of property rights leading to rapid extraction, but rather the lack of regulation and oversight that allows these diamonds to fund violence and exploitation.

In the Case of Conflict Diamonds, the Strict Enforcement of Property