Against Intellectual Monopoly

Against Intellectual Monopoly, a book by by Michele Boldrin and David K. Levine, two econ­o­mists who have pro­posed abol­ish­ing copy­rights and patents:

It is com­mon to argue that intel­lec­tual prop­erty in the form of copy­right and patent is nec­es­sary for the inno­va­tion and cre­ation of ideas and inven­tions such as machines, drugs, com­puter soft­ware, books, music, lit­er­a­ture and movies. In fact 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.

This book seems to come at the issue from a lib­er­tar­ian per­spec­tive, which I some­times have prob­lems with (mostly due to a ten­dency of some lib­er­tar­i­ans to 1. act self­ishly and with­out a con­sid­er­a­tion of other peo­ple and 2. want to de-​​regulate eco­nomic behav­ior while re-​​regulating social behav­ior, some­thing that appears inher­ently contradictory).

Nonetheless, the idea of get­ting rid of IP (in its cur­rent form, any­way) is one worth explor­ing, at least as a kind of “what if?” exper­i­ment that can help us under­stand the pros and cons of var­i­ous approaches to IP pro­tec­tion and its impact on eco­nom­ics, devel­op­ment, etc.

The authors con­tribute to a blog as well. A sam­ple post from a dif­fer­ent contributor:

There are some decent argu­ments out there that argue in favor of a state, wel­fare rights, war, democ­racy, drug laws, and so on. They are all flawed, since lib­er­tar­i­an­ism is right, but there are coher­ent, hon­est argu­ments that we lib­er­tar­i­ans have to grap­ple with.

But it is strik­ing that there are no decent argu­ments for IP – as Manuel Lora remarked to me, “You know, I haven’t seen a good pro IP arti­cle ever.” This is true.

As I men­tioned ear­lier, this is an inter­est­ing per­spec­tive I hope to explore fur­ther, though not from a lib­er­tar­ian point of view.

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