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The Captured Economy Profile picture
The Captured Economy
@capturedecon
Making the market fairer by making it freer. Project of @niskanencenter. Based on the book by @lindsey_brink and Steven Teles. Managed by @danieltakash
sgorumlu Profile picture 1 subscribed
Sep 10, 2019 • 36 tweets • 29 min read
THREAD: @lindsey_brink & @danieltakash have written a new paper for @niskanencenter on #IP. Should patents and copyrights should be considered “intellectual property” and thus part of the larger system of private property? We conclude the answer is no. /1 niskanencenter.org/blog/new-paper… @lindsey_brink @DanielTakash @NiskanenCenter The purpose of patents and copyrights is to grant exclusive rights to creative works & innovations so in cases where the cost of innovation is high but the cost of imitation is low, free-riding & copying wouldn’t eliminate the incentive to innovate. /2
Dec 13, 2018 • 12 tweets • 4 min read
On the first day of Christmas, rent seekers gave to me: R-1 #zoning. 1/12 On the second day of Christmas, rent seekers gave to me: 2 year environmental review 2/12