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Gridlock Economy: The Tragedy of the Anticommons
Aug. 6, 2008 - By: Michael Heller
"Private ownership usually creates wealth. But too much ownership has the opposite effect—it creates gridlock. When too many people own pieces of one thing, cooperation breaks down, wealth disappears . . . everybody loses. Gridlock is a free market paradox. There has been an unnoticed revolution in how we create wealth. In the old e ...

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