Mossoff: Why Should Business Leaders Care About Intellectual Property (Objectivism)

As I’ve noted before, with the rise of IP abolitionism among libertarians, with IP defenders on the ropes, the Objectivists are trying to strike back. Rand’s defense of IP was incoherent, confused, and never complete (her brief argument assumed the US patent system is first to file, which is incorrect; and she had an incoherent admixture of utilitarianism and intuitionism in her tortured attempt to defend a finite, arbitrary term for patent and copyright).

Uncle Sam: Busted

On Monday, Standard and Poor’s (S&P) announced that although the US government would retain its AAA debt rating, the outlook for the United States’ future was being downgraded from “stable” to “negative.” The move is a welcome if tepid acknowledgement of the fiscal train wreck of which Austrians have been warning for years.