Monopoly and Competition

I pointed out in There’s No Such Thing as a Free Patent that “The conventional defense of the

This morning’s New York Times business page reports

One argument against intellectual property is that property rights should be recognized only in scarce (rivalrous) resources.

I know nothing about the tire market but it seems clear that the unions

The issue of whether non-scarce things like thoughts or labor are ownable has arisen in recent debates—see, e.g.,

A free market of alcohol would become a lucrative market for countless people if left in private hands. By monopolizing it, the Russian government takes bread from the mouths of average families.

Supreme Court Hears Arguments in KSR summarizes the oral arguments for KSR Inte

My friend Carl Horowitz writes a good piece urging Hollywood to

From the 2006 Supporters Summit: Imperialism: Enemy of Freedom, 27-28 October 2006, Auburn, Alabama.

From the 2006 Supporters Summit: Imperialism: Enemy of Freedom, 27-28 October 2006, Auburn, Alabama.