Free Enterprise Action Fund is "the first mutual fund to seek long-term capital appreciation through investment and advocacy that promote the American system of free enterprise."

I hope that intellectual property is on the Fund's agenda. No single entity can counterbalance the massive resources that universities and foundations devote to supporting the Copyleft (the McArthur Foundation alone has made recent grants of $6.5 million in the category "Intellectual Property and the Public Domain," most of them devoted to undermining the institution of IP), but everything helps.

posted by James DeLong @ 12:07 PM | Markets: Business, Investment & Innovation

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