Call Boomerang Books 1300 36 33 32

Description - The Gridlock Economy by Michael Heller

25 new runways would eliminate most air travel delays in America. Why cant we build them? 50 patent owners are blocking a major drug maker from creating a cancer cure. Why wont they get out of the way? 90% of our broadcast spectrum sits idle while American cell phone service lags far behind Japans and Koreas. Why are we wasting our airwaves? 98% of African American-owned farms have been sold off over the last century. Why cant we stop the loss? All these problems are really the same problem-one whose solution would jump-start innovation, release trillions in productivity, and help revive our slumping economy. Every so often an idea comes along that transforms our understanding of how the world works. Michael Heller has discovered a market dynamic that no one knew existed. Usually, private ownership creates wealth, but too much ownership has the opposite effect-it creates gridlock. When too many people own pieces of one thing, whether a physical or intellectual resource, cooperation breaks down, wealth disappears, and everybody loses. Hellers paradox is at the center of The Gridlock Economy. Todays leading edge of innovation-in high tech, biomedicine, music, film, real estate-requires the assembly of separately owned resources. But gridlock is blocking economic growth all along the wealth creation frontier. A thousand scholars have applied and verified Hellers paradox. Now he takes readers on a lively tour of gridlock battlegrounds. Heller zips from medieval robber barons to modern-day broadcast spectrum squatters; from Mississippi courts selling African-American family farms to troubling New York City land confiscations; and from Chesapeake Bay oyster pirates to todays gene patent and music mash-up outlaws. Each tale offers insights into how to spot gridlock in operation and how we can overcome it. The Gridlock Economy is a startling, accessible biography of an idea. Nothing is inevitable about gridlock. It results from choices we make about how to control the resources we value most. We can unlock the grid; this book shows us where to start.

Buy The Gridlock Economy by Michael Heller from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780465029167
ISBN-10: 0465029167
Format: Hardback
(235mm x 156mm x mm)
Pages: 304
Imprint: Basic Books
Publish Date: 17-Jun-2008
Country of Publication: United States

Other Editions - The Gridlock Economy by Michael Heller

Book Reviews - The Gridlock Economy by Michael Heller

» Have you read this book? We'd like to know what you think about it - write a review about Gridlock Economy book by Michael Heller and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review

Author Biography - Michael Heller

Michael Heller is one of America's leading authorities on ownership. He is the Lawrence A. Wien 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 and Los Angeles.

Books By Michael Heller

Choice Theory of Contracts by Michael Heller
Paperback, April 2017
Dianoia by Michael Heller
Paperback, May 2016
London Clerical Workers, 1880-1914 by Michael Heller
Paperback, January 2016
Infinity by Michael Heller
Paperback, August 2013