Great link. Another classic on patents as rent-seeking: http://www.dklevine.com/general/intellectual/againstnew.htm http://www.dklevine.com/general/intellectual

Great link. Another classic on patents as rent-seeking: http://www.dklevine.com/general/intellectual/againstnew.htm http://www.dklevine.com/general/intellectual/againstnew.htm > intellectual property is not like ordinary property at all, but constitutes a government grant of a costly and dangerous private monopoly over ideas. We show through theory and example that intellectual monopoly is not necessary for innovation and as a practical matter is damaging to growth, prosperity and liberty.