“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“.)
Update:
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.
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