Sunday, August 24, 2008

The Gridlock Economy

A simple example of how too much ownership and intellectual property rights "wrecks markets, stops innovation, and costs lives":

Tarnation, a spunky documentary on growing up with a schizophrenic mother, originally cost $218 to make at home on the director's laptop. It required an additional $230,000 for music clearances before it could be distributed.

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