Thursday, July 5, 2012

Matthew Yglesias on patent "reform"

Matthew Yglesias has a good essay up on Slate: America’s Patent Crisis.

The problem is that the underlying diagnosis is wrong. All else being equal, it would be nice for the government to do its paperwork faster, but there’s little reason to believe the United States is underpatented.

The only people getting rich in this system are the lawyers.

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