Journal of Economic Perspectives Symposium on Patents
In a previous post I cited The Overwhelming Empirical Case Against Patent and Copyright. Not only economists, but legal scholars are very skeptical of IP (Legal Scholars: Thumbs Down on Patent and Copyright). Nonetheless the basic IP system of patent and copyright retains is primacy and the patina of legitimacy. In the past most academic and scholarly symposia on the topic would host a gathering of court intellectual offering justifications of the IP system that more honest economists and legal scholars could not find a justification for. It was taken for granted that we need IP, that IP will always be with us, and despite the inability of its supporters to prove their case, the cries of the skeptics would remain unheeded. Thus, books and journals and academic symposia are riddled with the musings of quasi-statists and empiricists who recite the incantations needed to keep IP alive for another generation, while no one really believes it...
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