It is mind boggling what a rationalization of the patent process could achieve (and how many lawyers would be left unemployed).

Especially in pharmaceuticals. The egregious cost of some of these sparsely used drugs is entirely a function of the short period of time between drug approval and patent expiration. The pharma has to recoup all their costs and turn a profit in a very short period of time before the drug goes generic.

I have a (very) small business — that I will NOT grow, for the simple fact that adding employees exponentially increases the risk and burden on me, with only marginal increases in income.

It’s almost like there is a learning disability when you try to explain this to them. They seem to assume that for a small business, revenues and expenses always grow in a straight line relationship. Not always true. And they almost never consider capital-at-risk; it’s just assumed that the small businessperson will ignore risk and blindly turn that capital back into the business.

Free markets, free minds. Question all narratives. If you think one political party is right and the other party is evil, the problem with our politics is you.

Free markets, free minds. Question all narratives. If you think one political party is right and the other party is evil, the problem with our politics is you.