Tuesday, October 06, 2009
Meeting Harold Demsetz
Last Friday, I attended a conference on The Gridlock Economy with Nathan and Ali. While there, Ali and I had a chance to hear and meet Harold Demsetz, author of the highly influential 1967 article, Toward a theory of property rights. (Highly recommended reading!)
In addition to meeting Demsetz, we got to hear a debate between Richard Epstein and Michael Heller about the tragedy of the anticommons. Epstein in particular impressed me with his brilliance and grasp of legal and economic concepts -- he was one of the most coherent speakers I have ever heard.
Overall, it was a great conference. I think Ali liked it too.