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Wednesday, July 25, 2007

Harper's War on Innovators

Jim Harper from the Cato Institute recently wrote-

I don't care one whit about the thousands of companies around the world that own software patents. I devote the small measure of care to people. Companies, and the patent system, exist to produce things for people. If they are producing less than they should, I wouldn't hesitate a moment to change things so that they produce more.
Harper's statement is consistent with what I have called a private sector war on creators, that can be more injurious to innovation than any government interference with the market. If creators fail to innovate, the market naturally drives them out. The free market process has proven itself the most effective system for innovation. On the other hand, this constant badgering of creators on the part of "consumer advocates" like Harper is little better than demanding creative works and inventions for free, and benefits neither consumers, producers nor innovation.

Update- previously, Harper commented, "Microsoft's high and persistent profitability signals likely inefficiency and a lack of competition... [with the goal of consumer welfare]." Big profits as a per se indication of consumer harm? It appears Harper takes the simple approach that weakening innovators will help consumers.

posted by Noel Le @ 5:15 PM | General

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