Economic and Game Theory Against Intellectual Monopoly

dklevine.com · 2026-08-21 · by Long Nguyen ·generic

Economic

and Game Theory

Against Intellectual Monopoly

| chains | | Economic and Game TheoryAgainst Intellectual Monopoly by Michele Boldrinand David K. Levine top \| general | research| classes | links| David | | "Monopoly corrupts, absolute monopoly corrupts absolutely." | | -------------------------------------------------------------- | | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | | ----------------------------------------------------------- | | | | \[this version November 11, 2005\] [\[see the newer version January 22, 2007\]](http://dklevine.com/general/intellectual/againstnew.htm)It is common to argue that intellectual property in the form of copyright and patent is necessary for the innovation and creation of ideas and inventions such as machines, drugs, computer software, books, music, literature and movies. In fact intellectual property is not like ordinary property at all, but constitutes a government grant of a costly and dangerous private monopoly over ideas. We show through theory and example that intellectual monopoly is not neccesary for innovation and as a practical matter is damaging to growth, prosperity and liberty. Chapter 1: Introduction Chapter 2: Creation Under Competition Chapter 3: How Competition Works Chapter 4: Innovation Without Patents Chapter 5: The Intellectual Monopoly Apologists Chapter 6: The Evil of Intellectual Monopoly Chapter 7: The Devil in Disney Chapter 8: Does Intellectual Monopoly Increase Innovation? Chapter 9: The Pharmaceutical Industry Chapter 10: The Bad, the Good, and the Ugly | | Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 | | |

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