Tag: Economic Development

A “Smart-Growth” Revolt in California »

On June 18, the Larkspur City Council voted unanimously to kill a high-density “smart-growth” development plan for this community of 12,000 people 16 miles north of San Francisco. The plan called for building 39,500 square feet of office space, 60,000 square feet of hotel space, 77,500 square feet of retail space, and up to...
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NASA’s Children’s Climate Change Website, and the book 1984: Creating Spies One Child at a Time »

From our friend Cal Beisner over at the Cornwall Alliance: What would you say if your child accused you of a thought crime, and turned you in to the thought police? Would you say it was ridiculous? Perhaps you would say, “There is no ‘thought crime’ in the United States.” Surely your children would...
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SCOTUS Affirms That Abstract Ideas Are Not Patent-Eligible »

It is no secret that innovation suffers because of the current state of patent law. Too many overly broad patents are issued and present patent trolls with the opportunity to sue, sue, and sue again. Today, the High Court in Alice Corp. v. CLS Bank, made abundantly clear that abstract ideas are not patentable....
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Piketty and Emerging Markets »

Much has been said to refute Thomas Piketty’s important book, Capital in the Twenty-First Century, from the perspective of developed countries, but not from the standpoint of emerging markets. His contention that the rate of return of capital, roughly twice the rate of growth of the economy, leads to increasing inequality is not consistent with...
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Big Pharma, Trial Lawyers, and Harry Reid Kill Patent Reform »

Now that the smoke has cleared after the collapse of efforts to push patent litigation reform legislation through Congress, pundits are busy discussing just what happened. The President and members of both parties agreed that some reform was necessary. Reform legislation seemed to be a sure thing. Sources close to the negotiations on reform indicate...
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Patent Trolls and Trial Lawyers Thwart Patent Reform »

Time reports that Sen. Pat Leahy, the chairman of the Senate Judiciary Committee, has pulled the patent reform legislation from the Senate’s agenda. Here is a snippet from the article: Needless to say, trial lawyers are among the groups that benefit the most from rampant patent litigation. Engine Advocacy, a non-profit group that works...
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India—A New Beginning? »

When Antoine van Agtmael of the International Finance Corporation coined the term “emerging markets” in 1981 and helped launch the first global fund aimed at investing in those countries, he was desperate to change the negative perception about the “Third World.” Little did he know that, a few decades later, the problem would be...
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Global Poverty and the Tyranny of Experts »

Recovering former World Bank economist William Easterly has a new book on the folly of top-down development aid, The Tyranny of Experts: Economists, Dictators, and the Forgotten Rights of the Poor. As its title suggests, Easterly emphasizes the pernicious role played by technical “experts” from international development agencies in crafting policies that encourage authoritarian...
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