Intellectual Property Reform

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Many others besides libertarians propose reform or abolition of intellectual property, in part because there has been substantial regulatory capture. Some libertarians oppose it ideologically because it is obviously a government creation, others scream "my property!" Many non-libertarians pragmatically question whether it actually advances the useful arts. When intellectual property expires, it is returned to the commons; thus shortening of terms is often desired. The US Constitution does not mandate intellectual property because even then it was controversial whether it was a net benefit. A good alternative has been public subsidy of research.

Links

Against Intellectual Monopoly (book, online)
"intellectual property is 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."
How Intellectual Property Reinforces Inequality [More...]
"Economic power often speaks louder, though, than moral values; and in the many instances in which American corporate interests prevail in intellectual property rights, our policies help increase inequality abroad. In most countries, it’s much the same as in the United States: the lives of the poor are sacrificed at the altar of corporate profits. "
Intellectual Property for the Twenty-First-Century Economy [More...]
The IP standards advanced countries favor typically are designed not to maximize innovation and scientific progress, but to maximize the profits of big pharmaceutical companies and others able to sway trade negotiations.
Intellectual Property Laws: Wolves in Sheep’s Clothing [More...]
"The excesses of IP law are now a serious obstacle to innovation and economic growth... The current state of intellectual property law may be bad for economic growth overall, but it is highly effective at showering riches on a favored few."
Is "Intellectual Property" a Misnomer? [More...]
"[...] there is room for considerable discussion of the most appropriate ways to subsidize innovation[...] None of the questions about "intellectual property" can be answered yelling "it's my property."
Krugman Discovers Intellectual Property: The 1 Percent are the Takers [More...]
"[...] we spend $340 billion a year on drugs, more than 2 percent of GDP ($295 billion on prescription drugs, $45 billion on non-prescription drugs). We would probably spend about one-tenth this amount in the absence of patent protection."
The Economic Structure of Intellectual Property Law (book)
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The myth of Big Government in the Redskins trademark case [More...]
"Government intervention is the engine that makes the economy what it is. Watching what happens when that intervention is occasionally removed, as in the Redskins trademark case, should make that as clear as day."
The Permission Problem [More...]
A good explanation of the Tragedy Of The Anticommons market failure based on the book "The Gridlock Economy: How Too Much Ownership Wrecks Markets, Stops Innovation, and Costs Lives" by Michael Heller.
The “Common Law Property” Myth in the Libertarian Critique of IP Rights (Part 1) [More...]
"It’s a complete myth for libertarians to argue that IP rights are “different” from property rights in land because property rights in land developed in “common law” as opposed to “statutory” IP rights."
The “Common Law Property” Myth in the Libertarian Critique of IP Rights (Part 2) [More...]
"[T]his is not just a historical myth about the source of property rights in land, which were created by both statutes and court decisions, but it’s also an historical myth about IP rights, which are also created by both statutes and court decisions."

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