"Intellectual property".patents and copyrights.have become controversial. We witness teenagers being
sued for "pirating" music.and we observe AIDS patients in Africa dying due to lack of ability to pay
for drugs that are high priced to satisfy patent holders. Are patents and copyrights essential to
thriving creation and innovation.do we need them so that we all may enjoy fine music and good health?
Across time and space the resounding answer is: No. So-called intellectual property is in fact an
"intellectual monopoly" that hinders rather than helps the competitive free market regime that has
delivered wealth and innovation to our doorsteps. This book has broad coverage of both copyrights
and patents and is designed for a general audience, focusing on simple examples. The authors conclude
that the only sensible policy to follow is to eliminate the patents and copyright systems as they
currently exist.

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