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Mises Quote on Patents and Monopolies

If the government objects to monopoly prices for new inventions, it should stop granting patents.
–Ludwig von Mises, Human Action

(For further background on Mises’s and Hayek’s thoughts on IP, see my post “Mises on Intellectual Property“; Jeff Tucker, “Misesian vs. Marxian vs. IP Views of Innovation“; Jeff Tucker, “Hayek on Patents and Copyrights“.)

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To the extent possible under law, Stephan Kinsella has waived all copyright and related or neighboring rights to C4SIF. This work is published from: United States. In the event the CC0 license is unenforceable a  Creative Commons License Creative Commons Attribution 3.0 License is hereby granted.