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Ep. 948: James Salzman Interview with Michael Covel on Trend Following Radio

James Salzman
James Salzman

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A hidden set of rules governs who owns what–explaining everything from whether you can recline your airplane seat to why HBO lets you borrow a password illegally–and in this lively and entertaining guide, two acclaimed law professors reveal how things become “mine.”

“Mine” is one of the first words babies learn. By the time we grow up, the idea of ownership seems natural, whether buying a cup of coffee or a house. But who controls the space behind your airplane seat: you reclining or the squished laptop user behind? Why is plagiarism wrong, but it’s okay to knock-off a recipe or a dress design? And after a snowstorm, why does a chair in the street hold your parking space in Chicago, but in New York you lose the space and the chair?

My guest today James Salzman explains these puzzles and many more. Surprisingly, there are just six simple stories that everyone uses to claim everything. Owners choose the story that steers us to do what they want. But we can always pick a different story. This is true not just for airplane seats, but also for battles over digital privacy, climate change, and wealth inequality. As Michael Heller and James Salzman show–in the spirited style of Freakonomics, Nudge, and Predictably Irrational–ownership is always up for grabs.

With stories that are eye-opening, mind-bending, and sometimes infuriating, James Salzman reveals the rules of ownership that secretly control our lives.

Bio: James Salzman is the Donald Bren Distinguished Professor of Environmental Law with joint appointments at the UCLA School of Law and at the Bren School of the Environment at UC Santa Barbara. He is one of the world’s leading authorities on environmental protection. In thirteen books and more than 100 articles and book chapters, his broad-ranging scholarship has addressed topics spanning drinking water, trade and environment conflicts, policy instrument design, and creating markets for ecosystem services. There have been over 100,000 downloads of his articles.

In this episode of Trend Following Radio:

  • Rules of Ownership
  • Airlines Seat
  • Creators Have Control
  • Restaurants and Food Trucks
  • Ownership of Spoken Word
  • Facebook and Google
  • Copyright

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