The Gridlock Economy: How Too Much Ownership Wrecks Markets, Stops Innovation, and Costs Lives

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Basic Books, Feb 2, 2010 - Business & Economics - 288 pages
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Twenty-five new runways would eliminate most air travel delays in America; fifty patent owners are blocking a major drug company from creating a cancer cure; 90 percent of our broadcast spectrum sits idle while American cell phone service suffers. These problems have solutions that can jump-start innovation and help save our troubled economy. So, whatOCOs holding us back?

Michael Heller, a leading authority on property, reveals that while private ownership creates wealth, too much ownership means that everyone loses. Startling and accessible, "The Gridlock Economy" offers insights on how we can overcome this preventable paradox.

 

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Contents

1 The Tragedy of the Anticommons 1
1
2 Welcome to the Lexicon 23
23
3 Where Are the Cures? 49
49
4 You Cant Hear Me Now 79
79
5 Block Parties Share Choppers and BANANA Republics 107
107
6 Empty Moscow Storefronts 143
143
7 The World Is Mine Oyster 165
165
8 A Solutions Tool Kit 187
187
Acknowledgments 199
199
Notes 203
203
Index 247
247
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About the author (2010)

Michael Heller is the Lawrence A. Wein Professor of Real Estate Law at Columbia Law School and has served as the school’s Vice Dean for Intellectual Life. He lives in New York City.

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