Mises Wire
Author:
Stephan Kinsella
Online Publish Date:
I’m trying to find out if there are any recent estimates as to the cost of the patent system--e.g., what the annual dollar cost is in the US that would not be borne if not for the patent system. As I’ve noted before (see There’s No Such Thing As A Free Patent ), the standard utilitarian rationale for the patent system is that patent law encourages