The Case for Abolishing Patents (Yes, All of Them)
from The Atlantic
From Oct. 4, 2012:
Critics have suggested plenty of reasonable patent reforms, from eliminating software patents to clamping down on "trolls" who buy up patent portfolios only so they can file lawsuits. But is a more radical solution needed? Would we be better off without any patents at all? That's the striking suggestion from a Federal Reserve Bank of St. Louis working paper by Michele Boldrin and David Levine, professors at Washington University in St. Louis who argue that any patent system, no matter how well conceived, is bound to devolve into the kind of quagmire we're dealing with today.
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