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Word: ownership (lookup in dictionary) (lookup stats)
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When no one owns a resource, we tend to overuse it--winding up with polluted skies, fished-out oceans and battles over access to freshwater. But too much ownership leads to problems too. A pharmaceutical company is stymied by a web of patents and doesn't make a drug. An airport can't buy land for a new runway to ease congestion because dozens of people own slivers of property. A production house, faced with a mishmash of music-licensing rights, keeps an old sitcom from...

Author: /time Magazine | Title: How to Stop Innovation | 7/10/2008 | See Source »

...consider yourself a team player, he advises, even though you may have to pretend to be one. "Team spirit is for losers, financially speaking." Ownership is for winners, though: "Ownership isn't the important thing--it's the only thing ... You must strive with every fiber of your being, while recognizing the idiocy of your behavior, to own and retain control of as near to 100% of any company...

Author: /time Magazine | Title: Business Books | 7/3/2008 | See Source »

Proponents of gun rights may rejoice at winning this heavyweight tussle, but their victory comes by way of a nuanced decision. The ruling, which affirms a federal appeals court decree, makes clear that individual ownership rights are limited. "It is not a right to keep and carry any weapon whatsoever in any manner whatsoever and for whatever purpose," Scalia wrote. (See pictures of America's gun culture...

Author: /time Magazine | Title: The Future of Gun Control | 6/26/2008 | See Source »

...ruling will apply to states, "that's not what this case is about. It's about gun bans, not [gun control] regulations." Neither expects that to deter pro-gun forces from using the Court's ruling as ammunition. Both Tushnet and Barnett agree that Chicago, which has banned gun ownership since 1982, is likely to be the setting for the next major gun rights battle. (Chicago mayor Richard Daley called the court's ruling "a very frightening decision" and vowed to quash challenges to the city's ordinance...

Author: /time Magazine | Title: The Future of Gun Control | 6/26/2008 | See Source »

...issue in the present case, District of Columbia v. Heller, was the city's ban prohibiting ownership of handguns that were unregistered as of 1976 - a statute that, by effectively nullifying possession, ranks among the nation's stiffest. Dick Anthony Heller, a security guard, filed suit against the district after it denied him permission to register, and thereby keep, a handgun intended for self-defense within his home. A D.C. federal appeals court supported Heller on the grounds that the city's ban violated his Second Amendment rights. (See pictures of an ammunition plant...

Author: /time Magazine | Title: The Future of Gun Control | 6/26/2008 | See Source »

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