“Intellectual Property and Libertarianism,” Mises Daily (Nov. 17, 2009). An earlier version (without endnotes) published as “Intellectual Property and Libertarianism” [local PDF; Liberty‘s online version], Liberty vol. 23, no. 11 (Dec. 2009), p. 27.
This article was based in part on a speech delivered at Mises University 2009 (July 30, 2009; see KOL013 | “Intellectual Property and Libertarianism,” Mises University 2009), which was also podcast on The Lew Rockwell Show, #131, as The Intellectual Property Racket (Aug. 19, 2009); and also based on my “What Libertarianism Is.”
See also Yeager and Other Letters Re Liberty article “Intellectual Property and Libertarianism”, with my letter responding to comments on my Liberty article.
- Update: Note from Kinsella: See Ronald M. Dworkin, “Is Wealth a Value?,” J. Legal Stud., Vol. 9, no. 2 (March 1980), p. 197: “Consider this hypothetical example. Derek has a book Amartya wants. Derek would sell the book to Amartya for $2 and Amartya would pay $3 for it. T (the tyrant in charge) takes the book from Derek and gives it to Amartya with less waste in money or its equivalent than would be consumed in transaction costs if the two were to haggle over the distribution of the $1 surplus value. The forced transfer from Derek to Amartya produces a gain in social wealth even though Derek has lost something he values with no compensation. Let us call the situation before the forced transfer takes place “Society 1” and the situation after it takes place “Society 2.” Is Society 2 in any respect superior to Society 1? I do not mean whether the gain in wealth is overridden by the cost in justice, or in equal treatment, or in anything else, but whether the gain in wealth is, considered in itself, any gain at all. I should say, and I think most people would agree, that Society 2 is not better in any respect.” [↩]