Patents are like fertilizer. Applied wisely and sparingly, they can increase growth. But if you apply too many chemicals, or make patents too strong, then you can leach the land, making growth more difficult.
Alex TabarrokWell-roundedness comes not from sitting in a classroom but from experiencing the larger world.
Alex TabarrokI utterly reject the view that the Third World is doomed to poverty and starvation. Not only is this wrong, I think this attitude verges on the immoral, like thinking that slavery is an unalterable facet of the human condition so why bother doing anything about it?
Alex TabarrokA bet is a tax on bullshit; and it is a just tax, tribute paid by the bullshitters to those with genuine knowledge.
Alex TabarrokCapitalists work hard to produce what consumers want. Artists who work too hard to produce what consumers want are often accused of selling out. Thus, even the languages of capitalism and art conflict: a firm that has 'sold out' has succeeded, but an artist that has 'sold out' has failed.
Alex Tabarrok