Patents may not bolster innovation, as commonly thought: A new study challenges the traditional view that patents foster innovation, suggesting instead that they may hinder technological progress, economic activity and societal wealth. These results could have important policy implications, because many countries count on patent systems to spur new technology and promote economic growth. [...] PatentSim [...]
Posts Tagged ‘Property’
Rethinking Innovation
Posted in Uncategorized, tagged Economic Debates, Property, Public Policy on July 27, 2009 | Leave a Comment »
“The New Socialism”
Posted in Uncategorized, tagged informal economies, Property, technology on June 14, 2009 | Leave a Comment »
From Wired: Bill Gates once derided open source advocates with the worst epithet a capitalist can muster. These folks, he said, were a “new modern-day sort of communists,” a malevolent force bent on destroying the monopolistic incentive that helps support the American dream. Gates was wrong: Open source zealots are more likely to be libertarians [...]
“Adam Smith and Web 2.0″
Posted in Uncategorized, tagged Property on May 5, 2009 | 1 Comment »
Gavin Kennedy’s blog, Adam Smith’s Lost Legacy, reproduces an article (h/t Thoma) written by Nicholas Gruen. Gruen writes, The internet boom involved companies using the net to broadcast to customers — like ads on TV — or to automate the sales process: for instance, with customers booking their own airline tickets or ordering books. Today [...]
A Worker’s Paradise
Posted in Uncategorized, tagged Marxian, Property on April 22, 2009 | Leave a Comment »
The NYT has an article today about Hime, an island off the coast of Japan, which has carved out a socialist niche for itself: If Marxism had ever produced a functional, prosperous society, it might have looked something like this tiny southern Japanese island… The 2,519 mostly graying islanders subsist on fishing and shrimp farming, [...]
The Fight Over Free News
Posted in Uncategorized, tagged Culture, Property on April 18, 2009 | Leave a Comment »
From Michael Wolff: A little history: Here’s a brief recap of how publishers originally came to give away their store: The early and fierce Internet mantra on the part of the digital elite was about information wanting to be free. Sharing was the Internet’s singular function. So from the get go, traditional publishers found themselves [...]
