Intellectual Property: How Long Is Long Enough?

Who would want to grant a legal monopoly to an individual or even a corporation? While we want to encourage research and development, creativity, and taking risks, we also love the competition of the marketplace and the resulting lower prices for our favorite inventions and creations. In this episode, Enoch and Tim discuss intellectual property rights and consider the optimal duration to grant monopolies through patents and copyrights all while having a lot of fun.

 

Credits: ⁠⁠⁠⁠⁠Drew Elliot⁠⁠⁠⁠⁠ (music) with additional thanks to the ⁠⁠⁠⁠⁠Wheaton Center for Faith, Politics & Economics⁠⁠⁠⁠⁠.

Recording Date: 14 February 2024