Monsanto v. Google on Patent Reform
In this post, Monsanto’s General Counsel disagrees with Google’s Head of Patents and General Counsel, who had complained about the risks companies like Google face from huge damage awards in patent lawsuits.
Study: Free Markets Superior to Patent Monopolies
An ars technica post, Study: free markets superior to patent monopolies, reports:
Our economic system is based on the expectation that markets can provide optimal solutions more efficiently than monopolies, with one glaring exception: patents, which are structured in a “winner takes all” manner. A study appearing in today’s edition of Science suggests that markets might work here, too.
IP and Google Books on the iPhone
Google Books On The iPhone and G1 Is Almost Kindle-Like (And Real Mobile Kindle May Be Coming Soon) rightly raves about about the mobile version of Google Books.
Schumpeter vs. Keynes
Schumpeter never opposed government intervention like his classmate Ludwig von Mises. He may not have been the strongest free-market advocate, but he would surely be dismayed by the current worship of Keynesian interventionism, which will ultimately stifle the entrepreneurial genius that drives capitalism and improved living standards.
Meltdown Roundup
Good news: this Sunday, Meltdown, my book that gives an Austrian perspective on the economic crisis, enters its second week on the New York Times bestseller list, up to #11. (The list is for March 8; it was published online on February 27.)
The Lies are Sacred, Blessed by Government
As Paul Cleveland explains, what Obama believes is a lie — a sacred lie. “The first, and biggest lie, is the notion that the institution of government is capable of successfully and adequately addressing all human problems,” Cleveland writes in his book Unmasking the Sacred Lies. “The truth is that such collectivism hampers human progress because it opens the door for many flagrant abuses of people and their property rights.”
Obama Says Short US Treasuries
With public held debt already at a spiking 4.1 times gross US savings and an even more eye-popping 23 times net private, state and local savings, one should expect even more upward pressure on US Treasury interest rates as our spend-happy government is forced to expand its take of the public credit market.
Human Action at Sixty
[Presented at a session on “Human Action After Sixty Years” at the Eastern Economic Association in New York City, February 26-March 1, 2009.]
Love the State, Says Madrick
[Book Review: The Case for Big Government. By Jeff Madrick. Princeton University Press, 2009. 205 pages.]
The End of American Dominance
[Book Review: The Post-American World. By Fareed Zakaria. Norton, 2008. 292 pages.]
