Alex Tabarrok Has a New Book

This is from an interview in The American:

The most important point is blindingly obvious yet ignored: not every innovation needs or deserves a 20-year patent. It’s crazy that one-click shopping or reverse auctions are granted the same 20-year monopoly rights as a pharmaceutical that took 15 years and a billion dollars to research and develop. Thus, I advocate creating classes of patents of say 20, 7, and 3 years. Shorter patents would be approved more quickly and with less investigation.

Full interview worth reading. Also check out his talk at TED, with this theme: One idea. One World. One Market.

Comments (4)

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  1. Ken says:

    Sounds interesting.

  2. Devon Herrick says:

    I recall when the patent for one-click online shopping was granted. Analysts pointed out that was sort of like granting a patent on a drive-through window.

  3. Brian says:

    Yeah, 20 years is probably too long for most innovations.

  4. Laura says:

    american gomnrevent is there to care for americans, that is y we have a gomnrevent in the first house. i don’t despise public who like god, i despise public who reckon they are only excellent for following a certain god. anyone who chooses a religion makes a genteel extent of life excellent. anyone who doesn’t follow the same path, is evil. when u top out a religion u are adage, i am excellent, u r evil. i despise public who call me evil, i don’t despise public who like god.