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

Michael Heller

"The Gridlock Economy" introduces the problem of the anticommons to a wide general audience, explores the different types of situations that give rise to excessive property rights, tells readers how to recognize them, and offers practical solutions.

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Book Information

Publisher: Basic Books
Publish Date: 02/22/2010
Pages: 259
ISBN-13: 9780465018987
ISBN-10: 046501898X
Language: English

Full Description

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, what's 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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