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Economists: Abolish Copyright & Patents to Save the Economy

By Kristopher A. Nelson in

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Economists: Abolish Copyright & Patents to Save the Economy:

Two economists from Washington University have looked at current copyright and patent laws and concluded that they’re not good. The pair see current intellectual property laws as similar to “medieval trade monopolies” which were bad for the economy as a whole, and are calling for the system to be reformed.

An interesting perspective, and one in which I am currently exploring in a “thought-piece” paper for a class on law, technology and development. I expect to have more to say about this later.

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