ag
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« on: May 23, 2006, 09:55:36 PM » |
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While some form of intellectual property rights would be a valuable, not to say essential, institution to have, the way this has developed over time it is a horribly inefficient, innovation-stiffling, anti-market monstrosity. Too long an argument is needed, but these days economists are taking an increasingly dim view of the copyright and patent laws and treaties: things have gotten so much out of hand, that all the original justification has been forgotten and perverted. Too bad.
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