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De Wachter also writes in his book about IP in the pharma industry.
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As others have already pointed out, "designing around" is a major cost of IP in general. If you focus on the pharma industry, you may want to check out one chapter from Levine and Boldrin's book . It talks about how, strangely, the pharmaceutic industry innovated vigorosly even without patent protection. Or how a big market in cheap generic
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[quote user="Marko"]What is the cartoon trying to point out / arguing for?[/quote] Apparently the urgent need for more beefy German tourists with a lot of money. If only there was more of those, the world would be a much better place.
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Keep up the great work, Tex!
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[quote user="Sukrit"]Who's at the University of Chicago and Harvard that would be sympathetic? All I know of at Harvard is Jeff Miron , but he's not Austrian inclined (I know this from personal experience, as I asked him to be a member of the editorial board of the Journal of Peace, Prosperity and Freedom but he respectfully declined
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[quote user="ToxicAssets"]It depends on the terms under which the "potential costumer" deposited the money with the "hotel owner". If the hotel owner was supposed to keep the money in a safety vault and to return to the costumer if he decided not to stay, then yes, it was "stealing" from the costumer escrow account
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Seems like the Austrian Forum is down and may have been for quite a while. It wasn't really very active, but there was at least some activity. So... is it some sort of a maintenance outage, or was there a decision made to shut it down?
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[quote user="ToxicAssets"] The error is that everybody was not "in debt". Each had $100 worth of credit and debit, to different people, netting zero. But for some reason that economy was cashless and thus the payments were not possible until cash was injected. Of course, the problem does not explain why the economy was cashless in
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There are some more universities with sympathetic people - check also the New York University for instance.
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Murphy is on it!