Re: Historical comparisons
- From: "William Mook" <william.mook@xxxxxxxxxxxxxxxxx>
- Date: 11 Mar 2006 17:31:28 -0800
I don't buy the argument that letting someone develop and market a
resource no one knew existed before they came along is depriving anyone
of anything!.
If I invent a labor saving device I own the intellectual property
associated with the device. I can apply for letter of Patent for it,
and deny others from making it for a period of time. This is
recognized as a good thing, as it spurs innovation. No one is denied,
especially the public, by granting these patent rights. In fact the
public is well served because new ideas and products are brought to
market.enriching everyone.
In the same way, if I discover a new resource I should own the resource
associated with that discovery. I should be able to have the right to
deny others development of that resource for a period of time. This is
a good thing as it spurs innovation. No one is denied especially the
public by granting these property rights. In fact the public is well
served because new resources are brought to market enriching everyone.
You're stretching trying to maintain a point that cannot be maintained.
Privilege examples you cite clearly all require some sort of limit -
typically imposed by a governing agency - that is unnatural to the free
operation of marekts and denies people of rights. Slavery requires
slaves be denied their rights by law, which is far more costly than any
benefit slavery allows. Without the law people wouldn't stand for
slavery's limitations - and even with the law they don't for long!
Taxi cab medallions are artificially restricted to maintain high
prices. If the government eliminated this restriction in numbers of
medallions and let anyone who passed a test and filed the right reports
and paid a fee, to operate a cab, the privilege would go away and the
market would rule.
..
.
.
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