Should There Be a Right to Recrind?

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People hold diametrically opposed views on whether passengers should recline their seats. Michael O'Brien says the ambiguity is socially valuable for airlines. He suggests an individual solution to being squished by someone in front of you, but it might not surprise you. Ronald cose joins us as a guest and explains what he meant when he said that many people have misunderstood what ronald cost meant - sorry michael.

Law professors Michael Heller and James Salzman talk about their book, Mine! with EconTalk host Russ Roberts. Heller and Salzman argue that ownership is trickier and more complicated than it looks. While we tend to think of something as either mine or not mine, there's often ambiguity and a continuum about who owns what. Salzman and Heller explore a wide and surprising range of property rights from everyday life. The conversation includes a discussion of the insights of Ronald Coase on the assignment of property rights when rights conflict.