Think of ownership as a remote control for social andgonering. The owner of the resource basically shapes how you get things in order to really shape our behavior. In certain cities, if you live in certain cities, there are certain restrictions on what you can do with your property. They want to look a certain way, you have to cut your lawn. You're not free. It's another this like the anti foraging. You want to letantolet your lawn grow? Too bad, you've got to forage it. Those are public, those are city ord but the cats in the condos private. That's ou know, tha f the blue gold out there. Let's
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.