≡ Menu

My reply to: “4 Ways Intellectual Property Drives our Economy”

by on May 16, 2012

My reply to this (ridiculous) post, 4 Ways Intellectual Property Drives our Economy:

I am a patent attorney. The patent system (and copyright system) are abominations. They are antithetical to the free market. They should be abolished.

This study is utter nonsense. The study does not prove IP generates any innovation or wealth. It just says that industries that are subject to IP generate wealth. So what? Every industry that generate wealth is subject to regulations, taxes, etc. Might as well say that taxes cause production, which is obvious nonsense. There is innovation and wealth production despite taxes and patent law, not because of it.

See also USPTO/Commerce Dept. Distortions: “IP Contributes $5 Trillion and 40 Million Jobs to Economy”.

Share
{ 0 comments… add one }

Next post:

Previous post:

The Center for the Study of Innovative Freedom (C4SIF) is dedicated to building public awareness of the manner in which so-called “intellectual property” (IP) laws and policies impede innovation, creativity, communication, learning, knowledge, emulation, and information sharing. We are for property rights, free markets, competition, commerce, cooperation, and the voluntary sharing of knowledge, and oppose IP laws, which systematically impede or hamper innovation. IP law should be completely and immediately abolished.

We provide news commentary and analysis and scholarly resources from our unique pro-property, pro-market, pro-innovation perspective.

Open Crytpo Alliance

OCALogo_edited.png

Archives

This site rocks the Classic Responsive Skin for Thesis.

WP Admin

CC0
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.