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The gridlock economy

how too much ownership wrecks markets, stops innovation, and costs lives
Pages
259
Published
2008
Language
English

Synopsis

This book explores the unintended consequences of excessive property rights, which can lead to an underuse of valuable resources. It examines how issues like overly broad patent rights can hinder the development of life-saving drugs, real estate practices can result in the loss of family estates, and copyright laws can stifle innovation. The authors analyze these 'gridlock' situations and their broader economic and societal impacts.