http://www.mathewingram.com/work/2008/08/20/video-the-gridlock-economy/ ... at the intersection of media, technology, business and the web Tue, 04 Oct 2011 13:01:00 +0000 hourly 1 http://wordpress.org/?v=3.1 http://www.mathewingram.com/work/2008/08/20/video-the-gridlock-economy/comment-page-1/#comment-339114 crazed » Article links for today Sat, 30 Aug 2008 05:01:29 +0000 http://www.mathewingram.com/work/?p=2611#comment-339114 [...] Gridlock economy - how too much use (or individual control) over a resource stifles progression (in the sense of innovation, money and mutually beneficial rewards). The speaker, Michael Heller, calls this the ‘tragedy of the anti-commons‘. This reminds me of an issue a friend’s extended family is having with a land deed in his village in Hong Kong: a patch of land is to be subdivided between the surviving descendants; however one of the families involved is disputing the process, and as the law requires all parties involved to agree, no one benefits from any land at all. I will probably buy the book. [...] [...] Gridlock economy – how too much use (or individual control) over a resource stifles progression (in the sense of innovation, money and mutually beneficial rewards). The speaker, Michael Heller, calls this the ‘tragedy of the anti-commons‘. This reminds me of an issue a friend’s extended family is having with a land deed in his village in Hong Kong: a patch of land is to be subdivided between the surviving descendants; however one of the families involved is disputing the process, and as the law requires all parties involved to agree, no one benefits from any land at all. I will probably buy the book. [...]

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