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Snarky IP Comment

By me. From here (slightly edited):

Hey, I know–let’s trust the same government that imposes FDA costs, taxes, and regulatory roadblocks to set up a patent office to hand out patents to give you partial ownership of others’ property to incentivize you just enough to overcome the costs they imposed on you on the first place with the FDA and taxes and regulations. Beautiful! And if that’s not “enough” incentive, establish a government panel of “experts” to give you “enough” of a reward paid by taxpayers. Beautiful! I like it!

[On the latter point see See Libertarian Favors $80 Billion Annual Tax-Funded “Medical Innovation Prize Fund”; $30 Billion Taxfunded Innovation Contracts: The “Progressive-Libertarian” Solution.]

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