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Thursday, August 21, 2008

The paradox of free-market economy

Posted by John Stoehr on Thu, Aug 21, 2008 at 4:11 PM

This is Michael Heller talking about his new book, called The Gridlock Economy: How Too Much Ownership Wrecks Markets, Stops Innovation, and Costs Lives."

Basically, he argues that when too many people own too much of a thing, it doesn't work anymore and it actually hurts us all.

There's much about science and technology, but he also discusses culture, especially the problems facing hip-hop artists and sound sampling.

How can we innovate with this problem? What's the reward of being creative?

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John Stoehr
Arts Editor

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