a very intelligent fellow patent attorney, and we got around to the subject of policy issues. One thing led to another and he discovered, and was a bit shocked by, of the IP system claim the patent system is justified because it stimulates innovation, but they almost never try to really figure out whether the alleged
Perhaps the greatest lesson to be learned in economics is that public policies have seen and unseen effects. The mastery of such a lesson is what separates and indirect consequences. The bad economist sees only what the effect of a given policy has been or will be on one particular group; the good economist inquires also and free enterprise. According to the Association for Accessible Medicine, “Innovation is critical to the success of the entire pharmaceutical industry. Without
for driving the medical-patent boom. ‘As a patent lawyer, I have a ton of great, innovative things that I can now protect.’” These guys can see the silver lining in (usually more costly or less effective) “workarounds”. Hey, that leads to more innovation! But not everyone agrees: “”It’s not clear that providing a monopoly over delivery,” said Aaron Kesselheim, a patent attorney and doctor who conducts health policy research at Brigham and Women’s Hospital in Boston.” It is true that “a 1996
1) Michel Chevalier on the cumulative nature of innovation Michel Chevalier (1806-1879) was one of the most brilliant of the French intellectual property for what it is: an unwarranted mercantilist and inefficient policy. They write: The contemporary variation of this economic pest [mercantilism]
least. In the unbridled market, entrepreneurs are rewarded for taking risks and innovating, which is exactly what the homesharing economy has been doing while the monopoly, the traditional hotel model has had no reason to think seriously about innovation since they were the only game in town. However, instead of using the rise as a huge blow. According to the New York Post , Chris Lehane, head of global policy for Airbnb said, “It’s baffling to us in this time of economic inequality that
Cynic? by Paweł Nowakowski Why Hillary Clinton Wasn’t Indicted by Ryan McMaken Has Innovation Reached Its Breaking Point? by Per Bylund Elizabeth Warren Turns a Blind Eye to the Central Bank by Patrick Trombly The Right Government Policy Toward Entrepreneurship by Peter G. Klein
Lisbon, Portugal. One analyst who works at EMCDDA, Frank Zobel, calls Portugal’s policy “the greatest innovation in this field” and “that the policy is working. Drug consumption has not
so they can raise prices. The software space is one of the most competitive and innovative of all industrial sectors. The idea that a single profitable firm could threw his weight behind Eckelberry’s concerns, arguing that Microsoft’s pricing policy is “consistently out of line with the rest of the industry.” Is MS obligated
With the freer disposition of private property came the possibility of ongoing innovations, tested in the market. Here, too, the rivalrous state system was highly from interference by the formidable social forces opposed to change, growth, and innovation“ (Rosenberg and Birdzell 1986, 24). Eventually, the economy achieved a in turn, provided a negative demonstration effect that played a potent role in the policy choices of other countries. The theme of the autonomy of the market and the
close their doors. In America, we watched as some state governors quickly adopted policies that produced arrests , protests , and mass unemployment . In Brazil, under Bolsonaro said no. In early April, the Brazilian minister of science, technology, innovation, and communication Marcos Pontes said that Bolsonaro had asked him to president for his “irresponsible” approach to the coronavirus crisis. WHO Changes Policy, Says Mass Lockdowns Were Never the Goal Bolsonaro found himself in the middle
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.