Regarding my previous posts Hayek vs Keynes at the LSE and Keynes vs. Hayek BBC debate at the London School of Economics , the Cobden Centre ‘s Toby Baxendale has informed me that the Keynes v Hayek debate, originally held at LSE on July 26, 2011, and broadcast on the BBC on August 3, will be repeated on the BBC on Wednesday, August 24, at 9am (UK
In Sheldon Richman’s excellent Freeman column Elizabeth Warren’s Non Sequitur , he rightly criticizes the abysmal logic expressed by Elizabeth Warren , the demonrat who’s running for the U.S. Senate in Massachusetts. In her remarks in this video (see below) she says: There is nobody in this country who got rich on his own. Nobody. You built a
It occurred to me the other day that the best way to classify the legal nature of intellectual property rights such as patent and copyright is the civil law doctrine of negative servitudes . Patent and copyright permit the holder of these rights to prohibit certain uses of their own property. For example, in the case of patents, NTP, by virtue of
Amazon introduced a new tablet today, the Kindle Fire , which uses the “Silk” browser, which is discussed here , and in the video below. One smart thing Silk does to speed up web browsing as seen by the user of the Kindle Fire by “pre-loading” content into Amazon’s “cache” in its own “Amazon computer cloud” (i.e. Amazon’s servers)–and to optimize
On a recent Mises blog thread, a commenter noted repeated a common argument that IP rights are needed to protect inventors and innovators. The reasoning is that without IP, some large company can just “knock off” your products and outcompete you. Think about what he is saying: it’s too risky to go into a given business because someone else might
Who to side with? What a dilemma! On the one hand, we have Claudio Ballard and his company Data Treasury , which uses patent monopoly privileges granted by an agency of the central state to shake down banks for “violating” “its” check image capture and storage technology. On the other hand, we have the banksters, quasi-agents of the same central
It’s widely recognized that the American patent system is “broken” and needs to be “fixed.” ((See Chorus Of Mainstream Press Saying The Patent System Is Broken Gets Louder ; Bill Gates’ 1991 Comments on Patents ; Even The OECD Is Noting How Dreadful Patent Quality Is Negatively Impacting Innovation .)) And so various alleged “ patent reform ”
I’ve written before about the quirky scientistic California libertarian guru Andrew J. Galambos , and his extreme, crazy IP ideas. ((See Galambos and Other Nuts ; also Galambosian IP Recursion ; “ Ideas Are Free: The Case Against Intellectual Property .”)) Galambos believed that man has property rights in his own life (primordial property) and in
At the same time the vested interests try to ratchet up and expand IP, anti-IP awareness is spreading. Jeff Tucker emailed me about an anti-IP post from the Adam Smith Institute, which was then itself carried on the Christian Science Monitor , exclaiming “This is what a revolution looks like!” And just today I had this post from the Black Agenda
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.