Sheldon Richman notes in IP Debate Breaks Out at FEE that “At a recent FEE seminar, a debate over intellectual ‘property’ broke out spontaneously among Ivan Pongracic (second from right), Paul Cwik (second from left), and me (left, where I belong). Who won?”
There is no doubt that in just 10 short minutes Richman completely dominates with his clear and concise thinking on this issue (as he did in Sheldon Richman on Intellectual Property versus Liberty). Pongracic and Cwik just re-hash the standard arguments, which are full of holes (as Cwik did in his presentation at the 2008 Austrian Scholars Conference, on the IP panel on which I was a discussant; Cwik’s argument was incredibly weak (as several audience members noted to me), as the IP argument has to be; Cwik’s working paper, “Is There Room for Intellectual Property Rights in Austrian Economics?”, is available here).
[Mises cross-post]