by Scott Howard Swain | Dec 23, 2022 | All Articles, Business, Economics, Liberty, Politics, Voluntaryism |
On the surface a person might believe, “If we didn’t have intellectual property laws, it would open the floodgates for copycats everywhere, reducing incentive for people to create. We would have Chinese phones that look like iPhones and poor Apple!...
by Scott Howard Swain | Jun 9, 2020 | All Articles, Business, Economics, Liberty, Politics, Socialism, Voluntaryism |
or “Broken Window Fallacy” simplified by Scotter A window is broken. Is this a net negative or positive for the economy? Look to your intuition. Does this sound to you like a net negative or positive? Some such as Keynes and Krugman say: The net effect on...
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