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By Todd G. Buchholz, Project Syndicate

Like it or not, Europe, and a good part of the wider world, has been a free rider, hitching its wagon to the US cowboy economy. This is true not only in the familiar area of defense and security, but also in energy, pharmaceuticals, aerospace, and other sectors.

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Who Owns The Airwaves And The Sea?

Who Owns The Airwaves And The Sea?

In 1962, he argued that usable radio frequencies were scarce and therefore ownable, and that fishing areas in oceans could likewise be appropriated, bounded, and exchanged

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