The case against patents

Over the past year, as tech companies have been suing each other left and right, many experts have argued that our patent system is broken. But two economists have now gone even further than that, arguing that the patent system should be abolished entirely. A look at their provocative argument--and some counterpoints.

Innovation policy in one…napkin?

You've probably heard of "the Laffer curve," the tax chart that Arthur Laffer sketched on the back of a napkin for Ronald Reagan, and that supposedly heavily influence Reagan's thinking on tax cuts. Well, here's the Tabarrok curve.

By Ezra Klein September 19, 2012