8/23/2004

patent-wsj

In today's WSJ, LEE GOMES, writes that:

Patenting Good Ideas
Could Hurt Companies
Rather Than Aid Them
August 23, 2004; Page B1 Wall Street Journal
Send your comments to lee.gomes@wsj.com


8/18/2004

regulations

A comment on the: Economic foundations of law
http://www.marginalrevolution.com/marginalrevolution/2004/08/economic_founda.html#more

Regulation jutifications:

1) Regularity -- There may be some situations where the "bother" of
negotiating every Nit of a contract are not worth it.

2) Delayed danger -- It may be that a regulation is justified because it
prevents a danger that is not evident or easily known

3) Dis-Economies -- We all know this

4) Mass Production -- It may be that a regulation is justified because
it leads to a cost effective solution where as individual cost/benefits
don't

See below for more detail and add comments if you want.