The state’s creation of patent and copyright interests doesn’t prevent innovations, but it does erect hurdles that discourage research. The “traditional enemies of innovation [are] inertia and vested interest,” factors contributed to by the government practice of giving inventors protection from competitors.
Interviewed by Merlin Rothfeld and John O’Donnell, Mark Thornton discusses the legalization of Marijuana and its economic impact, as well as
The singular brilliance of the debt ceiling is that it keeps reminding everyone that there is a growing national debt that never seems to shrink. That is a tremendous service to American citizens who live in the dark regarding the borrowing machinations of their political overlords.
Writing today at LRC, Mises Institute Di
The advent of film, as a creative medium, presented a challenge to the historical understanding of copyrights.
David Gordon discusses the judicialization of international relations, and how it serves as impetus for war.
If we wish to limit the power of the state, the state’s death penalty may be a good place to start.
Americans’ right to a jury trial does not imply that drafting jurors is the best way to provide that right.
The Articles of Confederation permitted the states to become tyrants, and the Constitution has permitted the federal government to become tyrannical.
