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	<title>Comments on: Hayek on Patents and Copyrights</title>
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	<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/</link>
	<description>Proceeding Ever More Boldly Against Evil</description>
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		<title>By: Claire</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-806803</link>
		<dc:creator>Claire</dc:creator>
		<pubDate>Thu, 27 Oct 2011 03:25:32 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-806803</guid>
		<description><![CDATA[Thank you, I&#039;ve recently been searching for info approximately this topic for ages and yours is the greatest I&#039;ve found out till now. However, what concerning the conclusion? Are you sure about the supply?]]></description>
		<content:encoded><![CDATA[<p>Thank you, I&#8217;ve recently been searching for info approximately this topic for ages and yours is the greatest I&#8217;ve found out till now. However, what concerning the conclusion? Are you sure about the supply?</p>
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	</item>
	<item>
		<title>By: Gilbert Tribe</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-774730</link>
		<dc:creator>Gilbert Tribe</dc:creator>
		<pubDate>Sat, 23 Apr 2011 14:27:49 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-774730</guid>
		<description><![CDATA[Have you heard about the Xtreme Profit Robot? This is a money sucking piece of software that was sold at some recent seminars for more than $2,000. Since it has now gone mainstream, you can get in for just $49 and start drawing massive amount of traffic to your website. It really does do everything for you and automatically sucks in free traffic from 54 different sources. Just a few clicks and then it will earn money 24/7. Once your site is set up to convert visitors and you have this traffic sucking machine at your disposal, you will be able to just wake up, check your stats and try to wipe that big grin off your face. Take a look at the video presentation and get ready to be shocked. -&gt; http://url.co.uk/do1mh8]]></description>
		<content:encoded><![CDATA[<p>Have you heard about the Xtreme Profit Robot? This is a money sucking piece of software that was sold at some recent seminars for more than $2,000. Since it has now gone mainstream, you can get in for just $49 and start drawing massive amount of traffic to your website. It really does do everything for you and automatically sucks in free traffic from 54 different sources. Just a few clicks and then it will earn money 24/7. Once your site is set up to convert visitors and you have this traffic sucking machine at your disposal, you will be able to just wake up, check your stats and try to wipe that big grin off your face. Take a look at the video presentation and get ready to be shocked. -&gt; <a href="http://url.co.uk/do1mh8" rel="nofollow">http://url.co.uk/do1mh8</a></p>
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	<item>
		<title>By: Immersion Blender</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-773515</link>
		<dc:creator>Immersion Blender</dc:creator>
		<pubDate>Wed, 20 Apr 2011 20:47:12 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-773515</guid>
		<description><![CDATA[great post, very informative. I wonder why the other specialists of this sector do not notice this. You should continue your writing. I am confident, you have a huge readers&#039; base already!]]></description>
		<content:encoded><![CDATA[<p>great post, very informative. I wonder why the other specialists of this sector do not notice this. You should continue your writing. I am confident, you have a huge readers&#8217; base already!</p>
]]></content:encoded>
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	<item>
		<title>By: Zackary Kalb</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-771776</link>
		<dc:creator>Zackary Kalb</dc:creator>
		<pubDate>Tue, 12 Apr 2011 06:34:07 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-771776</guid>
		<description><![CDATA[Hello, just wanted to let you kow how much of an interesting read this was. Look forward to the next installment.]]></description>
		<content:encoded><![CDATA[<p>Hello, just wanted to let you kow how much of an interesting read this was. Look forward to the next installment.</p>
]]></content:encoded>
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		<title>By: ballofhate</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-750306</link>
		<dc:creator>ballofhate</dc:creator>
		<pubDate>Sun, 09 Jan 2011 06:24:40 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-750306</guid>
		<description><![CDATA[Hello there, I will?t admittance the website correctly inside Opera, I am hoping you are going to restore this!]]></description>
		<content:encoded><![CDATA[<p>Hello there, I will?t admittance the website correctly inside Opera, I am hoping you are going to restore this!</p>
]]></content:encoded>
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		<title>By: Methods</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-743030</link>
		<dc:creator>Methods</dc:creator>
		<pubDate>Tue, 07 Dec 2010 16:33:37 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-743030</guid>
		<description><![CDATA[Hi, I thought I’d post a note and tell you that your website layout is really messed up on the Firefox browser. Seems to work well in IE though. Anyways keep up the good posts.]]></description>
		<content:encoded><![CDATA[<p>Hi, I thought I’d post a note and tell you that your website layout is really messed up on the Firefox browser. Seems to work well in IE though. Anyways keep up the good posts.</p>
]]></content:encoded>
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	<item>
		<title>By: Russell Madden&#8217;s &#8220;The Death Throes of Pro-IP Libertarianism&#8221;</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-706202</link>
		<dc:creator>Russell Madden&#8217;s &#8220;The Death Throes of Pro-IP Libertarianism&#8221;</dc:creator>
		<pubDate>Thu, 29 Jul 2010 16:18:18 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-706202</guid>
		<description><![CDATA[[...] Madden, &#8220;Misesian vs. Marxian vs. IP Views of Innovation&#8220;; Russell Madden, &#8220;Hayek on Patents and Copyrights&#8220;). Even Rothbard, obviously another very influential libertarian, only dealt with patent and [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Madden, &#8220;Misesian vs. Marxian vs. IP Views of Innovation&#8220;; Russell Madden, &#8220;Hayek on Patents and Copyrights&#8220;). Even Rothbard, obviously another very influential libertarian, only dealt with patent and [...]</p>
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		<title>By: Astrid Perocho</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-681338</link>
		<dc:creator>Astrid Perocho</dc:creator>
		<pubDate>Fri, 26 Mar 2010 22:56:31 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-681338</guid>
		<description><![CDATA[Given Up On Finding A Great Looking Woman Who Likes You? Follow My Guaranteed Step-By-Step System for Success with Women and I’ll GUARANTEE Your Success!]]></description>
		<content:encoded><![CDATA[<p>Given Up On Finding A Great Looking Woman Who Likes You? Follow My Guaranteed Step-By-Step System for Success with Women and I’ll GUARANTEE Your Success!</p>
]]></content:encoded>
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	<item>
		<title>By: Ergohead</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-495870</link>
		<dc:creator>Ergohead</dc:creator>
		<pubDate>Sun, 25 Jan 2009 19:01:25 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-495870</guid>
		<description><![CDATA[Peter:  &quot;This is called competition my dear. Get used to it. Especially since you seem to live in the US.&quot;

Ergohead:  Patenting is very competitive.  It is that legal monopoly - reward potential, that fuels it.

Competition, is well suited for satisfying self-interest.  It adds a certain, dynamic, to accomplishment.

Without self-interest - what would one desire to compete FOR?

There have been less than 8 million Utility Patents issued in the U.S. in the past 220 years, and probably, to only about 5 million inventors, a very small percentage of a 220-year population accrual. 

You, Peter, are probably not one of them.

It appears you derive YOUR  satisfaction from attempting to manipulate people instead of things.

You probably think that makes you, superior - especially if you have hope of eliminating the satisfaction others have earned.

Better Business Model?  Ohhh, I&#039;ll bet your are a clever one.  Oh, your are.  You are.  


]]></description>
		<content:encoded><![CDATA[<p>Peter:  &#8220;This is called competition my dear. Get used to it. Especially since you seem to live in the US.&#8221;</p>
<p>Ergohead:  Patenting is very competitive.  It is that legal monopoly &#8211; reward potential, that fuels it.</p>
<p>Competition, is well suited for satisfying self-interest.  It adds a certain, dynamic, to accomplishment.</p>
<p>Without self-interest &#8211; what would one desire to compete FOR?</p>
<p>There have been less than 8 million Utility Patents issued in the U.S. in the past 220 years, and probably, to only about 5 million inventors, a very small percentage of a 220-year population accrual. </p>
<p>You, Peter, are probably not one of them.</p>
<p>It appears you derive YOUR  satisfaction from attempting to manipulate people instead of things.</p>
<p>You probably think that makes you, superior &#8211; especially if you have hope of eliminating the satisfaction others have earned.</p>
<p>Better Business Model?  Ohhh, I&#8217;ll bet your are a clever one.  Oh, your are.  You are.  </p>
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		<title>By: Peter Surda</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-495750</link>
		<dc:creator>Peter Surda</dc:creator>
		<pubDate>Sun, 25 Jan 2009 04:52:12 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-495750</guid>
		<description><![CDATA[&gt; Why would anyone spend a ton of money 
&gt; developing a new technology, and then another ton 
&gt; of money marketing the technology, if they were not 
&gt; secured a significant advantage in the marketplace 
&gt; for obtaining a return on the investment, which has 
&gt; already involved significant risk?
Why would anyone do &lt;b&gt;anything risky&lt;/b&gt; without having the government granting them a monopoly? Why would you go to a university if millions of other people do? Why would you ask a girl out if anyone else can?

This is called competition my dear. Get used to it. Especially since you seem to live in the US.

Cheers,
Peter]]></description>
		<content:encoded><![CDATA[<p>> Why would anyone spend a ton of money<br />
> developing a new technology, and then another ton<br />
> of money marketing the technology, if they were not<br />
> secured a significant advantage in the marketplace<br />
> for obtaining a return on the investment, which has<br />
> already involved significant risk?<br />
Why would anyone do <b>anything risky</b> without having the government granting them a monopoly? Why would you go to a university if millions of other people do? Why would you ask a girl out if anyone else can?</p>
<p>This is called competition my dear. Get used to it. Especially since you seem to live in the US.</p>
<p>Cheers,<br />
Peter</p>
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		<title>By: Ergohead</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-493930</link>
		<dc:creator>Ergohead</dc:creator>
		<pubDate>Mon, 19 Jan 2009 07:36:55 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-493930</guid>
		<description><![CDATA[But I digress.

NEVER MIND.]]></description>
		<content:encoded><![CDATA[<p>But I digress.</p>
<p>NEVER MIND.</p>
]]></content:encoded>
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		<title>By: Ergohead</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-493927</link>
		<dc:creator>Ergohead</dc:creator>
		<pubDate>Mon, 19 Jan 2009 07:29:53 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-493927</guid>
		<description><![CDATA[
Fascism - When Big Business and Big Government are lying on their sides (69 or 99).

99 if Heterosexual.

I wonder why Hitler, the Socialist, admired Mussolini, the Fascist, so much.  Was he a closet gay?

http://www.city-data.com/forum/michigan/534379-big-tall-wish-about-new-president-13.html#post7069524
]]></description>
		<content:encoded><![CDATA[<p>Fascism &#8211; When Big Business and Big Government are lying on their sides (69 or 99).</p>
<p>99 if Heterosexual.</p>
<p>I wonder why Hitler, the Socialist, admired Mussolini, the Fascist, so much.  Was he a closet gay?</p>
<p><a href="http://www.city-data.com/forum/michigan/534379-big-tall-wish-about-new-president-13.html#post7069524" rel="nofollow">http://www.city-data.com/forum/michigan/534379-big-tall-wish-about-new-president-13.html#post7069524</a></p>
]]></content:encoded>
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	<item>
		<title>By: Ergohead</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-493918</link>
		<dc:creator>Ergohead</dc:creator>
		<pubDate>Mon, 19 Jan 2009 06:59:19 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-493918</guid>
		<description><![CDATA[Ergohead:  &quot;Since the founding of this nation there has been an ongoing battle between Big Business and Big Government over who gets to be on top.&quot;

Capitalism - When Big Business is on top.

Socialism - When Big Government is on top.

Fascism - When Big Business and Big Government are spooning.

U.S. Constitution - Free Enterprise.

I wonder why Hitler, the Socialist, admired Mussolini, the Fascist, so much.]]></description>
		<content:encoded><![CDATA[<p>Ergohead:  &#8220;Since the founding of this nation there has been an ongoing battle between Big Business and Big Government over who gets to be on top.&#8221;</p>
<p>Capitalism &#8211; When Big Business is on top.</p>
<p>Socialism &#8211; When Big Government is on top.</p>
<p>Fascism &#8211; When Big Business and Big Government are spooning.</p>
<p>U.S. Constitution &#8211; Free Enterprise.</p>
<p>I wonder why Hitler, the Socialist, admired Mussolini, the Fascist, so much.</p>
]]></content:encoded>
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		<title>By: Ergohead</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-493895</link>
		<dc:creator>Ergohead</dc:creator>
		<pubDate>Mon, 19 Jan 2009 05:56:02 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-493895</guid>
		<description><![CDATA[Should inventors be removed from discussions on economics?

http://www.city-data.com/forum/michigan/534379-big-tall-wish-about-new-president-post7068087.html#post7068087]]></description>
		<content:encoded><![CDATA[<p>Should inventors be removed from discussions on economics?</p>
<p><a href="http://www.city-data.com/forum/michigan/534379-big-tall-wish-about-new-president-post7068087.html#post7068087" rel="nofollow">http://www.city-data.com/forum/michigan/534379-big-tall-wish-about-new-president-post7068087.html#post7068087</a></p>
]]></content:encoded>
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	<item>
		<title>By: Ergohead</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-493879</link>
		<dc:creator>Ergohead</dc:creator>
		<pubDate>Mon, 19 Jan 2009 04:29:00 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-493879</guid>
		<description><![CDATA[Kiba:  &quot;The free market is already responding to the tyranny of copyright and patents.&quot;

The ease of theft of IP today is mostly the result of utility innovations.  

On the business side - computers, CD burners, and oh yes, copy machines - and on the Government side, the non-utility, non-copyrighted, INTERNET.

Anything invented by the Government, is by the very existence of the U.S. Government - Public Domain. 

&quot;Tyranny&quot; is a word generally assigned to a &quot;property&quot; of Government - an unlawful property in this country, and usually restrictive in its effects. 

For many years in the USSR, copy machines were prohibited from the general public&#039;s use in order to keep IDEAS from spreading.  The Gutenberg lesson.

Currently, the Greedy are responding to the overwhelming ability to steal, caused by the &quot;tyranny&quot; of utility patents.  This reduces the creation and availability of art to the public by debilitating compensation for effort.  

Someone might invent a tool that would dismantle all known automobile security and identification systems, and this also would allow the Greedy to &quot;respond&quot; to an increased ability to succeed at Greed.

Yup, an unintended consequence of IP law is a major tilting of the playing field away from the intention of IP law.  Believe it or not.

Oh, would that utility patents were outlawed years ago!

]]></description>
		<content:encoded><![CDATA[<p>Kiba:  &#8220;The free market is already responding to the tyranny of copyright and patents.&#8221;</p>
<p>The ease of theft of IP today is mostly the result of utility innovations.  </p>
<p>On the business side &#8211; computers, CD burners, and oh yes, copy machines &#8211; and on the Government side, the non-utility, non-copyrighted, INTERNET.</p>
<p>Anything invented by the Government, is by the very existence of the U.S. Government &#8211; Public Domain. </p>
<p>&#8220;Tyranny&#8221; is a word generally assigned to a &#8220;property&#8221; of Government &#8211; an unlawful property in this country, and usually restrictive in its effects. </p>
<p>For many years in the USSR, copy machines were prohibited from the general public&#8217;s use in order to keep IDEAS from spreading.  The Gutenberg lesson.</p>
<p>Currently, the Greedy are responding to the overwhelming ability to steal, caused by the &#8220;tyranny&#8221; of utility patents.  This reduces the creation and availability of art to the public by debilitating compensation for effort.  </p>
<p>Someone might invent a tool that would dismantle all known automobile security and identification systems, and this also would allow the Greedy to &#8220;respond&#8221; to an increased ability to succeed at Greed.</p>
<p>Yup, an unintended consequence of IP law is a major tilting of the playing field away from the intention of IP law.  Believe it or not.</p>
<p>Oh, would that utility patents were outlawed years ago!</p>
]]></content:encoded>
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		<title>By: Ergohead</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-493619</link>
		<dc:creator>Ergohead</dc:creator>
		<pubDate>Sun, 18 Jan 2009 05:22:24 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-493619</guid>
		<description><![CDATA[@ Yeahsurewhatever

Ergohead:  &quot;I would hate to see the Government confiscate my new technology and then regulate the price of it.

Ergohead:  &quot;I would rather let the market make the call on my patent-protected products.&quot;

ysw: &quot;I think you&#039;re assuming too much in making that call, namely that your &#039;patent-protected products&#039; are in fact worth what you hope they are (unlikely as a rule), and you are assuming you&#039;d always necessarily get a more favorable price in the free market. That is not the case.&quot;

THE MARKET IS THE ONLY EMPIRICAL AND LEGITIMATE METHOD FOR TESTING AND THEREWITH ESTABLISHING PRICE.  

I, LIKE MOST INVENTORS, AND GOOD SCIENTISTS, DO NOT TEND TO WALK AROUND WITH, OR RELY ON, ASSUMPTIONS.

THAT IS MORE THE BEHAVIOR PATTERN OF LAZY-MINDED PEOPLE, WHO ARE ONLY ONE KNOTCH ABOVE BELIEVERS.

ysw:  &quot;How the market prices commodities is not related to your love for them, or how vital they are to your livelihood. Rather, it&#039;s much more related to how vital those products are to the livelihood of other people. You seem to be putting a seller&#039;s psyche into a buyer&#039;s wallet, which is absurd.

THE ONLY WAY TO FIND OUT IS TO TEST IT IN THE MARKET.  I, LIKE MOST INVENTORS AND GOOD SCIENTISTS, DON&#039;T TEND TO WALK AROUND WITH, OR RELY ON, ASSUMPTIONS.

ysw:  &quot;When government intervenes to regulate price, it is usually to regulate it at too high a price, making it over-favorable to the seller, taking &#039;caveat emptor&#039; a little too far.&quot;

I AM INTRIGUED.  CAN YOU GIVE SOME EXAMPLES?

ysw:  &quot;When government intervenes on behalf of the buyer, it is usually not to regulate price, but simply to ban the product.&quot;

I AM INTRIGUED.  CAN YOU GIVE SOME EXAMPLES?
]]></description>
		<content:encoded><![CDATA[<p>@ Yeahsurewhatever</p>
<p>Ergohead:  &#8220;I would hate to see the Government confiscate my new technology and then regulate the price of it.</p>
<p>Ergohead:  &#8220;I would rather let the market make the call on my patent-protected products.&#8221;</p>
<p>ysw: &#8220;I think you&#8217;re assuming too much in making that call, namely that your &#8216;patent-protected products&#8217; are in fact worth what you hope they are (unlikely as a rule), and you are assuming you&#8217;d always necessarily get a more favorable price in the free market. That is not the case.&#8221;</p>
<p>THE MARKET IS THE ONLY EMPIRICAL AND LEGITIMATE METHOD FOR TESTING AND THEREWITH ESTABLISHING PRICE.  </p>
<p>I, LIKE MOST INVENTORS, AND GOOD SCIENTISTS, DO NOT TEND TO WALK AROUND WITH, OR RELY ON, ASSUMPTIONS.</p>
<p>THAT IS MORE THE BEHAVIOR PATTERN OF LAZY-MINDED PEOPLE, WHO ARE ONLY ONE KNOTCH ABOVE BELIEVERS.</p>
<p>ysw:  &#8220;How the market prices commodities is not related to your love for them, or how vital they are to your livelihood. Rather, it&#8217;s much more related to how vital those products are to the livelihood of other people. You seem to be putting a seller&#8217;s psyche into a buyer&#8217;s wallet, which is absurd.</p>
<p>THE ONLY WAY TO FIND OUT IS TO TEST IT IN THE MARKET.  I, LIKE MOST INVENTORS AND GOOD SCIENTISTS, DON&#8217;T TEND TO WALK AROUND WITH, OR RELY ON, ASSUMPTIONS.</p>
<p>ysw:  &#8220;When government intervenes to regulate price, it is usually to regulate it at too high a price, making it over-favorable to the seller, taking &#8216;caveat emptor&#8217; a little too far.&#8221;</p>
<p>I AM INTRIGUED.  CAN YOU GIVE SOME EXAMPLES?</p>
<p>ysw:  &#8220;When government intervenes on behalf of the buyer, it is usually not to regulate price, but simply to ban the product.&#8221;</p>
<p>I AM INTRIGUED.  CAN YOU GIVE SOME EXAMPLES?</p>
]]></content:encoded>
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		<title>By: Peter Cohen</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-493592</link>
		<dc:creator>Peter Cohen</dc:creator>
		<pubDate>Sun, 18 Jan 2009 02:54:40 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-493592</guid>
		<description><![CDATA[Kiba wrote: &quot;It is also not just a mere principled stance. It is also a recognition of reality.&quot;

Yes, Kiba, I will grant you that. Regardless of the ethics of the matter, the fact remains that I simply cannot stay in business in an environment in which that which I produce looses all sales value the instant it is made available. Unfortunately because in my business, I deal with a niche market, I cannot avail myself of mass market advertising revenue. I AM out of business and all I have produced for the last twelve years avails me nothing.

I have other skills that I could use to be productive, but those too would create &#039;intellectual property&#039; which everyone again will simply avail themselves of for free, simply because they can. Yes, I can concoct perversions of my ideas which by obscene machinations can manage to twist some measure of revenue out of their mutation. But those are pale and ugly versions of the visions I would otherwise create, given an environment in which I would have the right to own what I create.]]></description>
		<content:encoded><![CDATA[<p>Kiba wrote: &#8220;It is also not just a mere principled stance. It is also a recognition of reality.&#8221;</p>
<p>Yes, Kiba, I will grant you that. Regardless of the ethics of the matter, the fact remains that I simply cannot stay in business in an environment in which that which I produce looses all sales value the instant it is made available. Unfortunately because in my business, I deal with a niche market, I cannot avail myself of mass market advertising revenue. I AM out of business and all I have produced for the last twelve years avails me nothing.</p>
<p>I have other skills that I could use to be productive, but those too would create &#8216;intellectual property&#8217; which everyone again will simply avail themselves of for free, simply because they can. Yes, I can concoct perversions of my ideas which by obscene machinations can manage to twist some measure of revenue out of their mutation. But those are pale and ugly versions of the visions I would otherwise create, given an environment in which I would have the right to own what I create.</p>
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		<title>By: Yeahsurewhatever</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-2/#comment-493548</link>
		<dc:creator>Yeahsurewhatever</dc:creator>
		<pubDate>Sat, 17 Jan 2009 21:58:50 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-493548</guid>
		<description><![CDATA[&quot;I would hate to see the Government confiscate my new technology and then regulate the price of it.

I would rather let the market make the call on my patent-protected products.&quot;

I think you&#039;re assuming too much in making that call, namely that your &#039;patent-protected products&#039; are in fact worth what you hope they are (unlikely as a rule), and you are assuming you&#039;d always necessarily get a more favorable price in the free market. That is not the case.

How the market prices commodities is not related to your love for them, or how vital they are to your livelihood. Rather, it&#039;s much more related to how vital those products are to the livelihood of other people. You seem to be putting a seller&#039;s psyche into a buyer&#039;s wallet, which is absurd.

When government intervenes to regulate price, it is usually to regulate it at too high a price, making it over-favorable to the seller, taking &#039;caveat emptor&#039; a little too far. When government intervenes on behalf of the buyer, it is usually not to regulate price, but simply to ban the product.]]></description>
		<content:encoded><![CDATA[<p>&#8220;I would hate to see the Government confiscate my new technology and then regulate the price of it.</p>
<p>I would rather let the market make the call on my patent-protected products.&#8221;</p>
<p>I think you&#8217;re assuming too much in making that call, namely that your &#8216;patent-protected products&#8217; are in fact worth what you hope they are (unlikely as a rule), and you are assuming you&#8217;d always necessarily get a more favorable price in the free market. That is not the case.</p>
<p>How the market prices commodities is not related to your love for them, or how vital they are to your livelihood. Rather, it&#8217;s much more related to how vital those products are to the livelihood of other people. You seem to be putting a seller&#8217;s psyche into a buyer&#8217;s wallet, which is absurd.</p>
<p>When government intervenes to regulate price, it is usually to regulate it at too high a price, making it over-favorable to the seller, taking &#8216;caveat emptor&#8217; a little too far. When government intervenes on behalf of the buyer, it is usually not to regulate price, but simply to ban the product.</p>
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		<title>By: Ergohead</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-1/#comment-493535</link>
		<dc:creator>Ergohead</dc:creator>
		<pubDate>Sat, 17 Jan 2009 20:47:44 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-493535</guid>
		<description><![CDATA[I was hungry and it was their world - Paraphrasing Bob Dylan.]]></description>
		<content:encoded><![CDATA[<p>I was hungry and it was their world &#8211; Paraphrasing Bob Dylan.</p>
]]></content:encoded>
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		<title>By: Ergohead</title>
		<link>http://archive.mises.org/9247/hayek-on-patents-and-copyrights/comment-page-1/#comment-493534</link>
		<dc:creator>Ergohead</dc:creator>
		<pubDate>Sat, 17 Jan 2009 20:39:36 +0000</pubDate>
		<guid isPermaLink="false">http://blog.mises.org/archives/009247.asp#comment-493534</guid>
		<description><![CDATA[Andras:  &quot;-If you had chosen to work for (big) government that is what you get. Why are you surprised?&quot;

Believe me - at the time - they were the only game in town.

I hope we won&#039;t see more of that circumstance for others.  ]]></description>
		<content:encoded><![CDATA[<p>Andras:  &#8220;-If you had chosen to work for (big) government that is what you get. Why are you surprised?&#8221;</p>
<p>Believe me &#8211; at the time &#8211; they were the only game in town.</p>
<p>I hope we won&#8217;t see more of that circumstance for others.  </p>
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