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Kinsella on Liberty Podcast, Episode 244.
From my recent appearance on the first episode of rising libertarian and media star Michael Malice’s “Your Welcome” show on his new network, GaS Digital (consider subscribing–libertarian Dave Smith also has a great show on the network–I just did). I was in New York for the weekend, he was rebooting his show on a new network, so it was kismet. We discussed the basic case against intellectual property (I had to persuade Malice, an anarcho-capitalist who came into this without a lot of settled views on it), the Hoppe “toy helicopter” incident [e.g., 1, 2, 3], the infamous Robert Wenzel “debate,” and a few other issues, like my recent bout with prostate cancer (yeah, he got me to go there). (Recorded May 26, 2018)
Grok’s shownotes:
Grok summary and Youtube transcript below
Update: for more on the Helicopter incident, see KOL462 | CouchStreams After Hours on Break the Cycle with Joshua Smith (2021): Hoppe’s Michael Malice Helicopter Photo, Scooter Rides with Sammeroff, Mises Caucus Hopes, the Loser Brigade

From the YouTube episode description:
It’s the first episode of “YOUR WELCOME”! Join Michael Malice as he speaks with American Intellectual Property Lawyer Stephan Kinsella on the current system of IP and how the implementation of its laws effect commerce, culture and society. From the drug industry to entertainment, the precedents set by those who govern over the laws of Intellectual Property help shape the foundation of
culture as well as the economy. Listen as Michael Malice delves deep into the core of the issues and stories that effect our world today. “YOUR WELCOME”. Follow the show @michaelmalice, @NSKinsella
Original video available by subscription at GasDigital
Excerpt:
More on the helicopter stuff:


Facebook post about the helicoptor.
Even my buddy Tucker didn’t like it! (we’ve made up, no worries)
If you think political violence is hilarious, and post pics with plastic helicopters to show it, you might examine your conscience.
— Jeffrey A Tucker (@jeffreyatucker) October 8, 2017
Hoppe Helicopter Controversy of 2017 – Stephan Kinsella responds:
Grok Summary
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Description: The episode opens with Michael Malice introducing Stephan Kinsella, a libertarian patent attorney advocating for the abolition of intellectual property (IP). Kinsella presents his elevator pitch, arguing that IP laws create artificial scarcity for non-scarce resources like ideas, contrasting this with physical property rights that resolve conflicts over scarce resources. Malice challenges Kinsella with personal concerns about book piracy, leading to a discussion on the misconception that IP incentivizes creativity.
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Summary Points:
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0:02 – 0:54: Malice introduces the show and Kinsella, highlighting his expertise in anti-IP philosophy.
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1:24 – 2:01: Kinsella is introduced as an anarchist opposing IP, including patents, copyrights, trademarks, and trade secrets.
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2:01 – 3:25: Kinsella’s elevator pitch: IP restricts property use, creating conflict by protecting non-scarce information.
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3:32 – 4:07: Malice cites his book-writing effort, questioning how creators profit without IP; Kinsella notes digital copying already bypasses IP.
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4:25 – 5:54: Kinsella debunks the “stealing” metaphor, arguing copying doesn’t deprive creators of their work, only potential profits.
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6:19 – 8:46: Discussion shifts to incentives; Kinsella argues property rights serve justice, not incentives, and competition naturally drives innovation.
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9:40 – 14:04: Historical context: IP stems from monopoly privileges like the 1623 Statute of Monopolies; Jefferson viewed patents as monopolies.
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14:09 – 15:00: Malice notes IP’s correlation with Western innovation, but Kinsella counters that correlation doesn’t prove causation.
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Description: Kinsella delves into empirical studies showing IP’s limited or negative impact on innovation, particularly in pharmaceuticals, where regulatory barriers like FDA processes inflate costs. The conversation explores how IP distorts culture, using comic book copyright battles as a case study. A humorous debate clip with Robert Wenzel highlights the philosophical divide over IP’s legitimacy.
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Summary Points:
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15:19 – 17:06: Studies (e.g., by Fritz Machlup) show no clear link between patents and innovation; some suggest patents hinder small companies.
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17:12 – 20:04: Pharmaceutical innovation persists without patents in some countries; FDA regulations, not competition, drive high costs.
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20:16 – 22:17: Kinsella cites Boldrin and Levine’s book, debunking IP myths; patent trolls and trivial patents (e.g., iPhone curves) harm innovation.
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22:23 – 24:29: Supreme Court case (Oil States) confirms patents as government privileges, not natural rights.
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24:30 – 26:08: Wenzel debate clip: Wenzel claims his “formula” is scarce; Kinsella argues information isn’t scarce, sparking a heated exchange.
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26:14 – 28:03: Kinsella defends creator profits in an IP-free world, using J.K. Rowling’s potential crowdfunding success as an example.
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28:16 – 30:00: Comic book IP battles (e.g., Captain Marvel, Superboy) illustrate how copyright stifles creativity and competition.
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Description: The discussion pivots to practical alternatives to IP, such as crowdfunding and branding, which allow creators to profit without legal monopolies. Kinsella critiques government interventions like FDA regulations and copyright extensions, using the Martin Shkreli case to highlight how monopolistic privileges distort markets. The segment also touches on cultural industries like fashion, which thrive without IP.
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Summary Points:
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30:04 – 32:02: Copyright battles over Captain Marvel and Superboy show how IP creates legal complexities, limiting creative output.
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32:15 – 34:04: Marvel’s licensing issues (e.g., Spider-Man, Inhumans) demonstrate IP’s restrictive impact on storytelling.
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34:17 – 36:26: Kinsella estimates patents cost $1 trillion annually in lost innovation; copyright distorts culture and internet freedom.
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36:32 – 39:19: Fashion and perfume industries thrive without IP; Kickstarter could replace traditional publishing, empowering authors.
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39:24 – 41:19: Historical publishing monopolies (e.g., Statute of Anne) favored publishers, not authors; internet breaks this model.
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42:12 – 44:53: Shkreli’s price hike reflects FDA-granted monopolies, not free-market failures; government interventions compound problems.
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Description: The episode concludes with a lighter discussion of libertarian memes, specifically the “helicopter ride” meme tied to Hans-Hermann Hoppe, which sparked online controversy. Kinsella then shares his prostate cancer diagnosis and treatment via an innovative laser procedure, raising questions about patents in medical technology. The conversation wraps up with reflections on balancing humor, health, and IP’s broader implications.
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Summary Points:
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45:09 – 49:07: Malice and Kinsella discuss the “helicopter ride” meme, linked to Pinochet and Hoppe, and its humorous yet controversial reception.
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50:00 – 55:05: Kinsella recounts his prostate cancer diagnosis via high PSA levels and biopsy, maintaining a calm demeanor.
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55:12 – 59:44: Describes laser prostate surgery, a less invasive alternative to radical prostatectomy, guided by advanced MRI.
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59:50 – 1:02:28: Details catheter experience post-surgery, emphasizing minimal pain and quick recovery.
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1:02:33 – 1:04:07: Notes the procedure’s high cost and lack of insurance coverage; discusses patent exemptions for medical procedures.
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1:04:13 – 1:05:06: Malice humorously ties urethras to IP; Kinsella thanks Malice for the platform to discuss these issues.
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Youtube transcript
Transcript
Intro
[Music]
the war effort is always planned to keep society on the brink of starvation little knowledge is a dangerous thing
you read a few lines ready to blow up the world chop heads off destroy authority
revolutions are never bloodless this refrain of terror will purge the land of
all corruption this congress refuses to grant any of my proposals on independence even so much as the
courtesy of open debate good god what in hell are you waiting
for good afternoon i’m michael malus and
let’s happy you’re welcome for the next hour i am very jazzed for our first show here on gas digital
one of the questions i’ve always been asked about politics and political theory is what is your stance on
intellectual property things like trademarks copyright so on and so forth and i never answer those
questions because i have no idea about it and being an author i clearly have a vested interest in the subject and just
because invested interest doesn’t mean i have the correct interest you know just like real estate people might have a vested interest in uh having the government
control their rents doesn’t mean they’re on the right side of morality so i brought here
as my guest stefan kinsella who is the world’s preeminent political philosopher when it comes to
anti-intellectual property which means abolishing trademarks abolishing copyrights abolishing is
AntiIntellectual Property
their third one oh yeah trade secret and patent yes so you’re think none of these things you’re a
fellow anarchist you think none of these things should be protected by law of course whenever people hear about this they think it’s absolutely bonkers
and makes no sense because we’ve all been taught that piracy is stealing yes uh and that certainly is
where my gut is leading so what’s the elevator pitch for abolishing
Elevator Pitch
intellectual property well i have a vested interest in it too because i’m a patent attorney and so if we abolished it i wouldn’t have a job
although we’d probably have a phase-out period i’d have a lot of work for 20 years cleaning up all the transitional issues
the elevator pitch idea is that property rights or control over scarce resources
their property rights that allow us to decide who uses things that we could have conflict over so they’re conflict avoidance mechanisms
and when the state meeting like if someone has their house is their property their car or their dog their horse yeah um and so
the property right says who can own this thing that people could have a fight over otherwise if we don’t have fights over it we want
to have property rules so that’s what property rules are for therefore there are response to the fact
of scarcity in the world and and copyright which are the two big big ones that are bad
basically come in and say that someone can’t compete with you they can’t copy your book and what that
means is um the copyright law prevents you from using your own property the way you see
fit right and patent law prevents you from using your own factory as you see fit
so it basically gives a control to someone else it creates scarcity where there is none
information is what ip tries to protect patent and copyright law information is not a scarce resource so
any number of people can use the same idea at the same time without conflict so you don’t need conflict avoidance
rules so when you try to establish these rules you necessarily cause conflict well but i i mean here let’s let’s see
Personal example
how it applies to my own life personally i spent eight months writing deer reader right by north korea book
a lot of hard work you’re not going to deny that just because i work hard something doesn’t mean i have some kind of right to it necessarily
because you could work hard and be wasteful and be pointless correct i’m sure you’re not going to deny i’ve produced something that is a value
obviously people are buying it so there’s a value of it the point is so you’re saying that i write my book i put it out
and the next second anyone can take it and copy it and i’m not going to see a cent for it well first of all that can happen now
right because we have digital technology people can copy your book right now without your permission
Digital technology
uh sure but it i mean it’s easy to shoot them down he’s kind of easy there’s a whole you know
there’s the torrents there’s all over the web there’s it’s right but those are those are closed very frequently by governments
they are but people can get around it and they’re going to increasingly be able to get around it sure but hold on just because someone is i
know i’m begging the question here just because it’s easy to steal something doesn’t mean it’s not stealing yeah that’s not that’s not relevant so you you use the word
they can take it now the word take usually refers to a physical thing like if someone takes my glasses i don’t have them
sure right um and the reason i don’t want you to take my glasses because then i wouldn’t have them i wouldn’t be able to use them if you
could like reach out and just touch my glasses and have a copy in your hands it wouldn’t really bother me okay and
that’s what it’s like but your glasses aren’t really unique right they’re fungible there’s other glasses
that are like that ever in the world right my book is or anyone’s book is unique it’s a product of someone’s creative expression
it is unique but you see people keep changing the standards for why you should have a copyright or a
patent first it’s uh i had to put my labor into it and you shoot that down by saying well you don’t really own your labor
even in physics if you push against the wall you’re not performing work because you’re not moving a mass through a distance right
you just you’re doing nothing and if you waste your effort on something that is a product no one wants to buy you’ve
you’ve expended labor but you haven’t created any wealth sure and by the same token if you do create
wealth by making a product that people want to buy you’ve made the world better off you’ve made yourself better off that doesn’t necessarily mean you have a
property right in the right to re receive a stream of income from your customers you don’t you don’t own your
customers people say that you know a new pizza restaurant moves in next door to mine and starts stealing my
customers it’s not really stealing but they misuse this metaphor so when you said they take your idea
they’re not taking your idea they’re copying your book let’s say so you still have your book you still have the right to sell your book
um so they didn’t take anything that you own now and then the response would be well
they took the profits i could have made so then you get to the point well do you own future potential profits because
profits is just the money you could have made from potential future customers but who owns that money your potential
future customers you don’t own that money sure but let’s talk i mean there’s a lot of uh of things that are kind of triggering
Incentives
my mind along the way the the most obvious one where it doesn’t apply just to me is what would be the consequences market
wise if this were put into place because there’d be very little incentive for someone to write a book
well and we can talk about that but you got to realize then now you switch to another thing about incentives and so people think that the purpose of
property rights and the purpose of law is to provide the incentives and of course that leads to all these special interest
laws that we have where we say well we need to tweak this tax this way or we need to have this subsidy here to incentivize or disincentivize the
following now libertarians believe the purpose of property rights and the purpose of law is to do justice
to protect people’s rights it’s not to incentivize the right things i don’t think that’s universally the libertarian perspective on rights at all
libertarian perspective
it’s my libertarian perspective i think it’s the rock party and perspective i think it’s the solid anarcho-capitalist property you just
said it was about to resolve disputes and now you’re saying it’s to provide justice those are separate things yeah i think it is i think
libertarianism is compatible with consequentialism that is you look at the consequences and the reasons for these rules but it doesn’t
mean it’s to provide incentives i do think the incentives flow from that in a natural sense but uh when you’re when you sell look
when you’re selling a good on the market or a service you have to think how can i make a profit on this good because we know from
economics profit is in a way unnatural right because profit is a deviation from the natural rate of interest and as soon as you make
a profit you’re going to send a signal to the price system and through your activities to the market and you’re going to tell people hey
this guy’s doing something that satisfies consumer welfare so come in and compete with him right so profit is always being pushed down
by competition right so profit is an unnatural thing so you always have to think how can i make a profit
and once i make it how am i going to keep making a profit knowing that i’m going to attract competitors now that’s the case for inline any line
of business right like what you’re doing here or a pizza restaurant or a steel factory or whatever there are certain types of
industries and activities where the concern might be it’s easier for someone to compete with me because
what i’m selling is just a book copy and it’s easy to copy that or it’s like a new tweak to an iphone design
which is a patentable invention and my competitor can just easily copy that that’s that’s the idea that it’s
easy to do all this of course it’s not that easy i can get to in a second but people think it’s just too easy to compete
so the the calculus you go through as an entrepreneur is well if i want to spend time writing a novel when i start selling the novel
someone can just knock me off right away it’s too easy to compete with me right and therefore we need the government to come in and raise the
barriers to competition by having monopoly privilege laws which is what copyright and patent do
so you have libertarians who are in favor of the property rights system because they see using the word monopoly
monopoly
a little unfairly because every like for example if i’m selling my home i have a monopoly in my home right but that word monopoly has a
negative connotation especially in a libertarian context so i think that’s kind of uh not really using that term in in a
fair way you could argue that i mean of course monopoly just means uh you you have um
you have a legally privileged monopoly over a certain industry where you can charge above market prices right
um which is which is exactly the argument for copyright is that you can sell your book for a higher price than you could
if you had everyone competing with you sure to sell your iphone for a higher price than if everyone could copy your design right away
so but if you the reason i don’t think it’s unfair is if you look uh back in um first of all
the patent system we have now originated in the 1623 english act called the the statute of monopolies okay so these
were monopoly this arose from the practice of the king granting monopoly privileges to people
uh i’m going to give you the right to sell sheepskin in this town that’s right sure that has nothing to do with innovation but on occasion they would
give someone one of these patent patent means open so it was an open grant to everyone in the
world saying no one can do this except for this guy right uh pirates have that sir francis drake had
that they had the right to be the only ones who could do various things and sometimes it would be an inventor when this practice got
out of hand the parliament limited it with the statute of monopolies 1623 and they they they limited it only to inventions
so it came out of the the word the word monopoly was used by the people who promoted it in the
beginning thomas jefferson uh so the us constitution in 1789 had a has a provision which allows uh
the congress to pass patent and copyright law okay jefferson was corresponding with
madison during the drafting of the bill of rights in 1790 or so and he wrote he provoked he proposed an
article and i meant it would have been one of the bill of rights uh saying that uh the monopolies that
congress can grant for patenting copyright should be limited to x years and uh it was ignored it wasn’t done i
wish it had been done because otherwise uh you know copyright was around 14 years in the beginning right um and now it’s over a hundred right uh
oh but the point is even jefferson was using the word monopoly in the beginning um but again the word you’re i feel
Intellectual property
using a word that has a negative connotation that did not have a negative connotation of time oh i think monopolies did have a
negative connotation so so what happened was um the the free market economist in the 1800s
started getting alarmed at this fairly new institutionalized practice of granting patents like in the us and then
in europe uh which was really institutionalized in the around the time of the constitution in america um
so they started having an uprising against this practice of granting monopoly privileges they shared and so the response to the entrenched by
the entrenched interest at the time they started saying it’s not a monopoly privilege it’s a uh
what do you call it it’s a it’s a property right and they say well it doesn’t look like a property right they said well it’s a it’s an intellectual
property right because it comes from your brain so the term intellectual property was an invention of the people the entrenched
interest defending this what had been called the monopoly privilege point before so it’s a euphemism
it is it’s definitely yeah so and you even have some ip advocates some
libertarians even a lot of objectives like adam mossoff and richard epstein you know they’ll say things like it’s a
natural right it’s like well why does it expire in x years right right um
you know uh why does it have to be a creature of legislation because these things would not exist without legislation unlike
other natural property rights we have which are that’s not necessarily true because if you had some kind of anarchist system you would very easily
be able to have a covenant where no one’s allowed to do this within the community you could argue that but i would argue that’s just a contract in
that case it’s not it’s not a general i mean it’s it’s a little bit into the the the legal weeds but in the law we have
the term in rem and in persona right in rem is a real right a right in property that’s good against the world
so you own your car or your house against someone even in france just even though it’s protected by the
new york legal system or the american legal system but if you own a right to a property
right i’m sorry a patent or a copyright it’s only protected within that jurisdiction someone could be doing the same invention
or copying your book in another country without you even knowing it and they’re not violating your property rights they’re not infringing on it at all you
don’t even know they’re doing it but this is what i don’t understand because i thought one big issue in the news is that china violates our ip all the time and the
government is limited about it technically that’s that’s legally incorrect they don’t violate her well okay so
there’s two aspects to it there are treaties that china is party to and they don’t enforce them a hundred
percent of course neither do we we don’t stop all infringement china is a little bit more lacks about allowing counterfeiting
to go on so in that sense they’re allowing uh they’re allowing some of their citizens to violate copyright
which is chinese copyright law which is in compliance with these federal treaties like the berne convention
but i think what trump is talking about is is cases that are not covered by chinese law so they’re just saying that they’re copying american ideas which
in the free market we call competition or learning from each other well okay so these uh patents monopolies
Patents
came out of what’s uh the britain and the u.s right yeah in europe europe had aversions too
but what i’m saying is these were actually the same places where innovation reached its peak correct so wouldn’t
this i obviously correlation is not causation but certainly you can’t say it was uh on
its face harmful to innovation well there’s uh
well that’s another argument that advocates use they’ll say they’ll say that well look at the rise of the west and we have the copyright and patent law and
so they’re making the correlation causation mistake because you could make any number of claims you could say imperialism or trade barriers or tariffs
or causes too because we’ve had all those we or you could a war every 10 years is what causes wealth um
but um here’s the way i look at it congress in
1789 puts in the copyright patent clause because we had this traditional sort of growing use of copyright and patent from
the british system they gave congress the power to do it because they figured we might need to do it
um they said it was to encourage the promotion of creative works right so it would have a
specifically utilitarian motive in mind right um
now in the 200 but they didn’t have any studies there was no empirical studies showing that it really would do this
we’ve had 200 plus years since then to prove it and time and time again over the last say seven or so decades
uh congress has commissioned a study fritz mclaughs some great economist they’ll come in and do a study they can never show that it encourages
or incentivizes let’s take the case of patents that incentivizes innovation almost every study you see they throw
their hands up they say we can’t figure it out because the numbers are just it’s too hard to prove or they’ll say it looks to us like it’s a drag on
innovation because um there’s all these barriers to small companies making a new smartphone or something like that or the big companies
How if Im a drug company
acquire all the patents but i don’t understand how if i’m a drug company i’m sure this is a question you get all the time if i’m a drug company
and obviously creating a new drug is a huge tedious process very laborious very technical the idea
that i’m putting in seven years of work with these very expensive scientists and all this experimenting and then
on day two you come along and you you know duplicate that drug right why would i bother to create it to
begin with right and there’s a lot of answers to that but you have to first step back and the fundamental way to look at it i think is
is the function of the government to make sure that some dreamt up possible industry or product
can be can be successfully made is it the job of government to lower the costs
of competition that someone might face right because even if the government comes in and starts subsidizing the
pharmaceutical companies there’s still going to be some other drugs on the margin that is still not profit i mean it might take a trillion
dollars to find some new drug but okay but they’re not going to make that one even today they’re not going to make some drugs so
there’s always some drugs on the margin um so the and the other thing
if you look historically a lot of european countries which were the leaders in pharmaceutical
like italy and switzerland didn’t have patents at all in pharmaceuticals for like over 50 or 100 years and they were
still some of the leaders in these areas so there’s empirical evidence but so how do those companies make money they sell
How do drug companies make money
the drugs but i mean like why would i buy company buy from you at the the rate you’re the st you
invent you discovered this drug right uh i’m going to undercut you at you know whatever the next day why wouldn’t i i mean it
just seems like the profits are good margin is going to be much much lower let me give a little example have you ever seen in a drugstore you have
tylenol sitting next to bargain brand or cbs acetaminophen right and they’re it’s about five dollars
versus two dollars right but tylenol still on the shelf some people are obviously still buying it
right why would people pay twice as much for tylenol as opposed to cvs it’s the brand name okay so that’s part
of it sure so people will pay more for brand name and reputation so that’s part of it so the idea that just because someone
can copy your formula right away doesn’t mean that you’re instantly going to have equal competition the other thing is you have to realize
that we have this fda process in the us which slows down the rate of innovation
greatly as to the cost so one reason it costs so much money takes so long to produce and sell a pharmaceutical is because the
fda process so the federal government comes in imposes a regulatory scheme um which
slows down the development of drugs hampers them plus these companies are taxed out the wazoo you know employment
taxes and uh there there’s there’s inflation there’s there’s uh there’s tariffs the minimum wage
there are these are the things that if you got these things out of the way would reduce their cost but so the federal government comes in and
hampers the pharmaceutical innovators and then to make up for that it gives them a patent monopoly so they
Patent monopoly
can maybe make some of it back but so it’s like they shackle them on one hand and they put them a helium balloon to the other and it’s like it’s
supposed to bounce out and not only that as part of the fda process during this examination process
takes around seven or eight years long time these companies have to reveal their secrets
like they’re made public documents so by the time they finally get their approval let’s say it’s five years later
all their competitors they they’ve been knowing for five years what the formula was going to be so they they’re written speaking of formulas let
me just finish your thought then we’re going to get to well they’re ready to compete right away whereas if you could keep it more secret and there wasn’t a federal government
regulatory agency you would have a longer natural sort of monopoly to sell your product before i see what
you’re saying so there’s something parallel here with which people might not know about which is kosher food
so the fda is what guarantees that the food you’re eating or drugs is safe right however under
jewish law the food has to be held to a much higher standard it’s a biblical standard and if you look at a jar of food it’s going to have a
it’s kind of a small k or a small u which means this has been certified by a rabbi so it if you did not have the fda for
drugs you would still have these certifying companies which would hold the drug companies to a higher standard
absolutely and at the same time they would allow those drug companies to keep their uh formula secret
so that you would not be able to compete because then if you want to you know deconstruct that drug that’s still going to have a huge startup cost anyway so effectively it
will keep the cost high enough that they would make a profit under this model correct uh absolutely and uh look the
pharmaceutical case is the one everyone turns to because they think it’s the easiest case actually we can’t go into here but if you look at
chapter nine of baldr and levine’s book against intellectual monopoly it’s an empirical attack on all the arguments for ip um
and it’s online at againstmonopoly.org they just go through systematically all the uh all the myths about
why we need ipatent and they went into this as economists assuming they were going to show why patent and copyright work
and they they came up with empirical studies showing it just it just all the all the myths around it um all
the arguments around it are just or just wrong um so so that’s that’s one but my point
is if even if you believe that we do need patents for the pharmaceutical industry let’s have it for the pharmaceutical industry but right now we have it for
software we have it for uh mouse traps we have it for uh the way your iphone curves around the outside corners
um we have it for so many things which is trivial and then you have the you have the patent trolls arise um
look you also have uh perverse things like um do you remember the anthrax scare about
12 15 years ago yes sir um and there’s a drug called cipro right which is one of the um
cures for this and there was only one company that had the u.s patent on that and the usf and the fda
regulatory approval for that and they they didn’t have enough to go around and so because they didn’t anticipate
this great need for it and no one else could come in and compete and make it because of the patent in the in the fda system and so at the time the
the the i think it’s the commerce department whichever department has control over
this ftc i believe threatened to do what the federal government has the right to do which is to grant a compulsory license because
technically these are compelling so technically patents are grants by the federal government and the government can take them away
because they grant them it’s just a monopoly privilege was the supreme court just recognized by the way about two weeks ago in a very important
case called oil states which is driving the um the pro-ip libertarians bonkers because it admitted
that these are not property rights these are just federal grants of privilege okay um and i was glad to see the
supreme court recognize that um do you remember the vote was it five four nine uh i think it was higher than that it was
Compulsory license
like six three so it was it was it was really good um in any case um um
a compulsory license is the federal government has the right to to grant a license to some third party
to to make the product under that patent uh without them having to get a permission from the patent holder the government can grant
it that’s it now they have a statutory scheme where they then they’ll pay a fair mark it’s like it’s like taking’s law you’re
supposed to give fair market value so they’ll make the guy pay royalty back to the patent holder okay but they can’t stop it okay um so
they threatened to do that they started to do that several times and of course all the libertarians are like oh the government’s threatening to take away your property rights it
it’s like when social security holders say keep your cotton picking hands off my social security payments it’s like
wait a minute that’s coming from the federal government that’s a welfare payment right yeah you earn back your social security like what 20 months or something crazy
yeah and then anything after that is just absolutely money that has not you had not paid into the system i don’t know that number but it’s something very
small it sounds plausible um so speaking of the formula there was a moment where you had an
interview with robert wenzel uh which we’re going to play after right now where this
let’s play the clip well let’s let’s let’s start with the formula itself i i have a formula
i’m aware of it actually you don’t have a formula you know let’s be specific precise you don’t
you know a formula right you are aware of a formula it’s in your head i’m not aware of the formula i
know the formula yeah you know it but you don’t have it you know it it’s knowledgeable i certainly do have it does it have a
location really is knowledge hold it hold it does it is is location
necessary for scarcity i have the formula nobody else
i have the knowledge where in my brain i thought it was on the paper
i i put it there also but that’s just stupid that’s another place the same information’s in two places
yeah well that’s amazing maybe we could put it in a million places yeah but it’s not there now so is
it scarce or not when it’s just in two places no information’s not fierce so who else
has it besides me then if it’s not scarce you don’t have it you know it staphon
who who else can who who else can use it function look it who who in the world besides me
can act on that if i’m the only one that that has that formula no one only you
so if it’s scarce or not scarce is it is it super abundant everywhere it’s not scary it’s not a scarce
resource it’s not a scarce means of action it’s not scarce who else has it stefan
what has it what no one has it right so it’s scarce
isn’t it no it’s not what’s the formula stefan
Whats the formula
so what was going through your head when he’s just yelling at you that he’s got you by the balls and what’s the formula
i mean over time i’ve learned to handle interviews and debates but different ways right and that was one of two or three i did that was it
kind of got out of hand it was crazy but it was so crazy it was almost funny this was like my friend jesse said
described it as you were trolling yourself i guess i mean some people some people thought it was hilarious something i thought was an embarrassment some
the reactions to it have been bizarre but he was a guy that you would think was a fellow traveler because he’s sort of a rothbardian
mizzian libertarian but he started going bonkers when jeff tucker and i
then at the mises institute were we kept attacking intellectual property and he you know he he was started going after
us and so he decided to have a debate and um yeah he brings up some point about he’s got a formula for
making money off of google ads or something like that and he said tell me what the formula is and i said i don’t know what the formula is
he said patents are valid what wait let’s go back to like the look for me personally
if you’re saying are you do you think it’s since libertarians regard monopoly as immoral
right and using the government to to get special privileges immoral right is it immoral for me to get profits from
kindle sales in my book absolutely not okay let me look let me let me um i didn’t expect such a hostile
interview so no i’m joking i’m joking the dog goes to [Laughter]
um no so here’s let me give let me give one example that might explain this um um imagine that there’s no copyright
okay okay and you’re jk rowling right the the author of harry potter and she was just some welfare mom writing her
novels on the subway every day something like that in london and so
she finally writes harry potter number one and so what would she do she might not have a publisher so she publishes
it for 99 cents on kindle and all of a sudden she’s got a million 10 million fans around the world she’s
like oh this is a runaway hit and she’s got we know she had six other books in her head right so let’s say she writes book number two but she says
she writes a note to her fans i’ve got another book ready to go as soon as i get five dollar subscription commitments
from everyone um which is kind of what i did with the kickstarter exactly and that that’s emerged to kickstarter and things like
that have emerged uh she goes i’ll release it and you know i’ll give you some swag or whatever so she does that 10 million
people give her five bucks she’s got 50 million bucks i mean that’s not little money then now in a world without copyright
and then she could do that seven more times right so we’re talking she’s half half a billionaire already just
even with people knocking your book off um and then let’s say someone wants to make
a movie well three companies can start making a movie in the same year on the same book they don’t need anyone’s permission
but one of them says hey i know if we can get jk rowling to be a consultant and say she endorses is this was the
official one we’ll get more of her fans come see the movie so we’ll give her 10 percent of the profits right and so she can make money
that way so let me build on this because one of the things that is clearly uh government at its worst is
character law which is like superman was invented in like 1935 by simon schuster yeah
dc comics i think has the copyright and the copyright was supposed to expire after it was like
75 years after the characters created and these characters this when these laws were written you didn’t have pop culture
now you have these huge corporations who have a lot of money investing in superman spider-man batman so on and so forth
and they lobby congress and every year congress extends this over and over mickey mouse should have been a long time ago copyright law
and the point similar to what you were just making if these characters were in public domain after 75 years or 50 years
you would have three superman movies a year instead of one yeah and we would have had to wait what
Captain Marvel
40 50 years for an atlas drug movie for example that might have been for the best i know
but maybe one a good one would have been that’s fair yeah um i’ve actually got a bunch of blog posts about various
comic book trademark and copyright battles which are crazy like you probably know some of them but you know captain marvel from dc
right who people erroneously call shazam right because he would say shazam to invoke his powers
um but there was like a there was a gap when they didn’t renew their training no
i’ll tell the captain marvel story so this is x so back in the 40s uh they invented captain marvel as a
competitor superman he’s the guy with the red clothes and the lightning bolts and he’s a kid billy batson and he says the word
shazam uh he gets the wisdom of solomon the strength of hercules the power of atlas the something of zeus
invulnerability achilles and speed of mercury right and then there was mary marvel his sister and then there was this crippled
boy uh freddie freeman who when he he instead of saying shazam he would say
captain marvel he would turn into captain marvel jr and what’s fascinating is that makes him one of the few characters
who can’t say his own name because when they say when he says shazam he turns back when he says captain marvel he turns back to
freddie freeman um this character at one point was more popular than superman yep and they were being published weekly uh his
arch enemies dr savannah whatever mr mind who’s this evil worm is might be my favorite comic supervillain of all time black
adam too right black adam yeah uh which is a from the ancient egypt times and the wizard shazam
one his name was teth adam and then there’s this very weird panel where the wizard shazam goes i changed your name to black adam and
now i banish you it’s like i don’t think that’s how names work anyway um and black adam’s gonna be played by
is it the rock i think maybe i think the rock’s gonna be playing him in the upcoming shazam movie
so that was fawcett comics f-a-w-s-c-e-t-t fawcett went out of business dc bought
the rights to all the faucet characters in the interim wait up but i believe they went out of business because of a suit because of a copyrighted right
because cdc was suing them that shazam captain marvel was a ripoff of superman
which in a sense it was but it’s not literally the same character it’s inspired by but again ripoff means stealing but it’s right
it’s there’s a copy or inspiration it’s clearly inspired by it no one would confuse the two no there’s no confusion
uh in the interim marvel starts publishing a character named captain marvel yeah marvel i think at first right i may
have been maybe the short alien writer yeah and because marvel had
that when the character from fawcett lapsed marvel had the right to call uh
books captain marvel right dc could use the character but they couldn’t call the comic book
itself captain marvel comics so they called the comic book shazam and now i think they even call the character shazam because get rid of all
these yeah there’s a movie coming up i think they’re calling it shazam they call him shazam yeah i believe i believe but that’s just one there’s there’s
other examples that’s very byzantine there’s another example let me just say one more thing with comics because i know people are comic fans
as a result of this dc especially another com keep reissuing yes comic book series from every two years
or so every few years because even these characters no one cares about they don’t want to lose the copyright right yeah um i yeah i’ve read that too and
then there’s some arcane issue with superboy right so this is what’s fascinating okay so superman was created in 1935 in 19
early 50s they started creating in more fun comics number 101 uh they started having super boy the
adventures of superman when he was a boy and he later created he later joined the legion of superheroes
and he had his own complete different world he had lana lang as his girlfriend pete ross was his best buddy uh he had
beppo the super monkey you know his parents were living on a farm in kansas the smallville and so on and so forth
um and they sued the creators super of simon schuster because they said superboy is a different character from
superman and the argument for that can easily be made because conceptually even though it’s the same person
uh you know like duh i can’t like eisenhower in world war ii is a
very different person than eisenhower is the president but i think superboy is actually a different character in some versions of the comic
book he’s actually not he’s not the same no he’s literally the same because then they had multiple earths so there’s different plans you
know parallel universes the point is the whole point is he grows up to be superman then there was a lawsuit so for a long
time dc couldn’t reprint uh comic books that had superboy in them
but they could print nuke issues with a different version of a superboy character
and now that i think there’s like six versions of super bowl well in the marvel cinematic universe right there was there was this complicated
thing where marvel licensed some of his characters to different companies like sony has won and warner brothers has
another so that’s why it took a while for spider-man to be incorporated into the
uh the marvel cinematic universe and it’s one reason uh my son even knows a lot about us
because he’s read more than me but the inhumans are rising and the mutants are going down because the mutants were
licensed to one company oh wow and the inhumans weren’t so in the comics the inhumans are being played up and there’s more inhumans
being created all the time but they’re not mutants they’re in humans right it’s the same idea but they’re trying to get around one of these licensing agreements
and of course none of this would exist without copyright this isn’t look in my view
if you understand that just the studies on it and how patent has to limit innovation i really believe that
patent law is one of the worst things the government does and probably imposes damage to the human race on the
order of a trillion dollars a year in terms of lost wealth because of lost innovation and of course that’s that’s
lost lives and lost uh you know we might have been living in a jetsons world by now if we had been hampering innovation
last 200 centuries well i do have a car that turns into a briefcase okay good what’s the formula
yeah i don’t know it’s the formula stefan got you by the balls uh copyright law i think does less
Copyright
tangible damage but it’s it’s even worse in a way because it lasts a lot longer it lasts over 100 years now in most cases life of
the arthur plus like 70 years and it also gives the government an excuse to limit
freedom on the internet in the name of stopping piracy okay and it also heavily distorts culture what we’re talking about is an example of that it
heavily distorts culture i mean you were asking earlier how would do someone do this why would someone do that um look there’s industries that are that
are not that protected by copyright or patent like the perfume ministry or the fashion industry i know actually a
friend of mine was a product acquaintance of mine was a project runway winner and she went with tim gunn to lobby congress to have copyright applied to
clothing and i’m like this is not only is this just completely insane on its face
but how you would apply this when the whole point of fashion is to draw inspiration from other aspects of
fashion is bizarre well not only that the high fashion industry benefits from knockoffs because
uh you know a year later the the high fashion stuff that’s uh from chanel and these guys which is extremely expensive
starts appearing at walmart and you know a a target things like that so you’re a
devil esperado fan uh sure well you know she gives that whole speech about how innovation
happens yeah yeah um yes yeah about the colors and yeah you don’t realize how it permeates
through culture um but but then you know um because people can go by for 30 bucks off the rack somewhere um the
people with money they want something new to show that they have status and so the fashion industry can pay their
producers to come up with a new thing for the next season so it actually helps so it doesn’t hurt them at all to be knocked off
um but you do there is one funny thing is that there’s no copyright or patent exactly on fashion
but there is trademark and so i believe the reason where like a louis vuitton bag or chanel bag they have the big c
symbol or the gucci symbol or the louis vuitton logo all over their purses which is kind of weird if you think about it
right if you buy a mercedes car you don’t see the mercedes emblem all over the car right but the reason they do that is because
if you make a knock off of that bag now you’re violating their trademark so they’re trying to hook their designs into trademark well i thought the whole
point of that in all seriousness is that if you’re spending spending this much money in a bag those kind of people tend to be ostentatious and you want to make sure i
want to make sure other people know that i have a louis vuitton bag yeah so they’re going to have the logo on it but it doesn’t have to be
plastered all over so so much they do it so that they can stop uh trademark and so then of course
you’ll have government officials go down to the docks in turkey and raid all these
you know counterfeit shops and burn them in a big thing and make a big big display of it like like a nazi book burning or something so
in your world the model for book publishing would be the publishing houses basically go away and kickstarter would be the model for how books are
Book Publishing
produced it’s hard to predict i think i think something would change i think it would go more like that and it’s hard to imagine what would have happened 50
years ago before we had the technology and the internet that we have now that makes that more conceivable because let’s
let’s let me play let me argue for your play angel’s advocate i guess which is what i’m agreeing with the person i’m talking to
which is right now how it works is i write up a proposal i shop it around to the six or seven publishing houses uh
my agent sends it to an agent at each house that agent looks at it says you know what i want to
you know produce this book he goes to his economic marketing team whatever the team is called they run the numbers and they say
this you know based on their projection of future sales they say okay we’re going to offer him you know 200 thousand
dollars for this book yes then and and hopefully more than one person is interested more than one house is interested and you have a bidding war
yes and they go back to my agent now what they’re basically doing economically is what a kickstarter would do they’re
trying to use the tea leaves to say okay this is what we think we can make a safe investment
whereas here it’s like i am asking individuals to actually make that investment uh and i don’t have to guess because as
long as i have enough of an audience to promote my kickstarter or whatever the program is i will immediately have that cash up front
and i will have and this is one of the reasons i did my kickstarter for my book on north korea because the book was so innovative having my
patting myself on the back uh that it’s like is this gonna work so i needed to know that there was enough of an audience to be able to
produce it and at the same time i’m talking myself into your idea people will want to contribute to a
kickstarter as opposed to editors because you want to be the one who’s like i was there first i was the one
who saw something special in this project and you have bragging rights with your friends which sounds like a joke but it’s not
because we all like to be the one who sees the next trend and is actually especially now with the internet culture who is investing in
things to make something special happen well you know not only that you can make more i think per sale
as an author if you go more direct like that i mean yes that’s 100 true and look the way i look at it i’ve i’ve published several
books uh all nonfiction so far um you know we all have that novel on us right but uh
i’ve got a bunch yeah they’re on my hard drive but most most authors of non-fiction don’t make much money
they’re not doing it for money either they’re doing it for reputation or to get an idea out there they break even they’re happy right um
yeah very few books just statistically very few books earned back by earn back meaning it sells enough that your advance has
been uh earned right and for fiction because let me just explain to the did your readers an advance is short for
What is an advance
advance on sales yes so if you are let’s suppose earning by your contract with the publisher a dollar per copy
and you got a 200 000 advance the first 200 000 copies that are sold you’re not up till that point you’re not
getting anything yeah which means they’re expecting so very few books reach the point of selling that in this
case 200 000 copies yeah and same thing with musician right a lot of musicians don’t make a lot of money right they make it from concerts but they’re
making i mean you got the big stars that used to make a lot of money but a lot of people don’t make much money if you remember prince had slave shaved into
his uh his beard for a while because he had been locked into this car the way i look at it was the printing press i thought it’s because he was
talking to kanye i don’t know i don’t think there’s a time overlap there but maybe there is um
let’s prance he can travel through time he’s funky before the printing press right the
scribes in the church the government they control what could be printed they can control dissemination of ideas to
the people the printing press emerges the government the church and the and the government freak out so they give a monopoly like in england
to the stationers company it’s for like a hundred years they have monopoly over printing so if you’re an author you have to go through them you’re not
doing it for money but they can control what you’re going to say what the people get to read etcetera when they when they when the charter of
the station’s company was going to expire the government decided instead of renewing it to grant to
pass what was called the statute of anne in 1709 which is where copyright comes from so the statute of ann gave a copyright
to the authors instead of to the publishing house but as a practical matter authors still had to go back to the
publishing companies you couldn’t publish a book on your own in 1710 right so you had to go to the publishing
companies so this model arose where the publishing companies right the uh were had the control
over artists and the same thing happened later with musicians and that’s lasted until about
20 years ago let’s say until the internet broke the monopoly and it was supported by copyright the whole time and it really wasn’t for the
benefit of most artists or most authors so i do think the model would be totally different now i do agree that
it’s harder to make a profit selling a book if people can knock you off more easily but that’s really because of
technology not because of the lack of copyright law yeah copyright law can slow down a little bit piracy but it’s gonna happen
anyway uh have you been following the martin shkreli case and because this this very much applies to what you’re
talking about so i’ve been following it all uh because he went after me on twitter and said i wasn’t funny and i should stick to doing what i like
and apparently that’s staying out of jail martin shkreli uh no i i do first of all do you think he
deserves to be in jail um i don’t think he’s in jail for the patent issue he’s not i’m just saying i didn’t follow the other issue with the
jail for uh it sounded like some kind of fraud on investors or something right but a lot of times that’s that’s legal double talk and they just want to
lynch somebody um so what’s talking i wouldn’t be surprised if he’s actually not not guilty of any legitimate right
libertarian crime so what so explain the martial shirley story and how this would apply
yeah but what he was infamous for was he bought the patent rights to i forgot what the drug was right some
aids drug life-saving it was okay you know some life-saving drug where only i think only one company had the patent to correct
or it gets complicated i actually don’t know if that was a patent case it might have been a case where the drug was
What the drug was
patented but then the patent expired but then he that the owner of that uh patent had the maintaining fda
license which is like a monopoly so the fda system acts like a patent license sometimes okay it was one of the other i believe
he just bought the fda rights okay and using those fda rights which gives you the right to sell something or whatever the free market price will bear
he realized i’m the only manufacturer he he raised the price by like 10 000 or something right and everyone raised
the ruckus about it so i i mean to me he didn’t do anything wrong he’s using it that’s like criticizing
someone who gets uh takes welfare i mean if it’s legal to apply for welfare and you qualify and
you get a check i mean you’re just feeding at the trough so you’re saying you can’t don’t hate the player hate the game yeah
i think look if if you could expect people to be moral and to not take advantage of government
uh advantages like this then we wouldn’t have any reason to oppose the law in the first place like if the government passed a welfare
law and no one would take it wait i wouldn’t care from what i remember though he was trying to make the case that by raising the price he’s actually making it more
available to people i don’t remember what his logic was i didn’t i didn’t hear that argument um it was probably some kind of double talk okay
okay so it was just as simple as rent sneaking you know he had a monopoly he exploited it he he might have been clearing the
market he might have been legitimately realizing that given the fact that i have a monopoly i’m the only seller like
i’m this is being priced too low okay and most of those most of those sales are being done via
insurance companies yes which is distorted by the government healthcare system in the first place right so this is all intertwined with
the government so almost every problem you can point to that you think patents are a solution for so
it’s a problem caused by the government and you want the government to come in and add another layer of regulatory control of monopoly
privilege in terms of patents to fix the problem i mean this is what mises called the problem of government intervention
is that controls breed controls once you have one control it causes problems people try to get around it you have to have more regulations to
stop the people from evading taxes or getting around this okay so we’ve got a couple more things
that i want to cover before we wrap up here today so in i was at the mises was it 30th
anniversary um 35th 35th 35th dinner 82 to yeah and i came there and i brought a toy
helicopter yes and i gave it to hans herman hopper and we took a picture together and he was very delighted yep and there’s this we
got some controversy online yeah because first of all people were thought well hans herman hoppa doesn’t
know what this is a reference to right and i want i haven’t spoken about this yet and i’m telling everyone now
uh first of all he most sure did because han sermon half a hand in the helicopter i go this is for you
and the first thing he says in his german accent is this should have had the chilean flag
so the what the reference is for people who are not we’re not in the know and i talked about this in my
forthcoming book in the same way that che guevara for the left is this symbol that has been divorced from the reality
he’s a symbol of hope and you know fighting oppression and all this other stuff even though he’s really just a horrible murderous
uh villain uh in chile when pinochet had a military coup and was at 74
until right 74. uh because you know the communists had taken over uh and they were starting to implement
all their communist ideas the thing with the commies is it’s not just that they start taking your property it’s that
they start having the secret police and start killing people arbitrarily and you have all these sorts of genocides which are almost i think which are actually inevitable
and universal uh so pinochet had a military coup uh he killed i think like 400 people in
some small number and he was absolutely a brutal dictator for the entirety of his um uh dictatorship it was a free market
dictatorship you know this was very odd like he brought in milton friedman guys from chicago and he had free market in an
authoritarian context but what he was most famous for humorously and on such on the internet
is he took a bunch of these commies up in helicopters and threw them into the ocean uh so
there’s you know a little meme that says you can run you can’t run you can’t hide you will get a helicopter ride uh and very often
uh uh you know hans herman hopper in his book at one point refers to when you have these private anarchist societies
the communists will be physically removed uh so these two things conflated to become hapa flying these helicopters and
throwing communists into the ocean so i took a photo with hapa with the helicopter uh gave it to him as a
present then later you you know took a photo with him with the helicopter and a huge meltdown on the internet
Helicopter memes
yeah and let’s just be clear so hans had nothing to do with the memes right there there’s a couple of meme sites on facebook where people think it’s funny
or they they’re fans of some of hapa stuff or they’re or they’re or they’re trolling but uh and i’ll i’ll just mention this
when i’m on twitter and sometimes when a journalist is being so reprehensibly egregious i’ll just re
quote retweet it with a helicopter emoji yeah it’s become a meme right um and uh and hans is aware of the meme
because he he reads the internet but i don’t he had nothing to do with it so when you gave him the helicopter i think he thought it was funny oh yeah he left
yeah he saw me you say look at this picture and then i was with hans later hopper later that night and i said hey let me see the
helicopter we did a selfie and i posted it and all these people started saying oh i didn’t know kinsella was a closet
fascist or you know it’s like look we libertarians still hate communists
and you know i’m not saying we should be pinochet throwing people out of a helicopter but it’s someone made a meme and it was kind of
funny it’s called having a sense of humor i got into it with a prominent libertarian whose name i won’t mention
who like myself is jewish and i said okay you’re jewish and he’s like yeah i’m like do you know any holocaust jokes and he’s like of course because every
jewish person has holocaust because gal is humor uh and dark humor is very much a part of jewish culture um and i go are you fine with that he’s
like yeah and he’s like but i’m not fine with these helicopter jokes because the nazis are all dead
but this is something that’s going on now so it’s like wait a minute the bigger concern in america isn’t the neo-nazis it’s the
neo-pinochet people like where are these helicopters i mean if anything the libertarians are the ones who are scared
the black government helicopters to begin with and the whole you know like alex jones crew yeah no i totally agree so it was one of
these crazy funny mean mimi type incidents on the internet but uh uh i don’t know
sometimes you say something if someone just says hey you’re a fascist and i’ve been advocating against all
forms of socialism my whole life what are you supposed to say i mean quote me you find something i did well
you took a picture with a plastic helicopter which right which is the universal simple effect it’s not the swastika it’s
a helicopter yeah which which i got i mean i think i got the i asked you where you got it from because i wanted to i was kmart
yeah so i went to kmart and i got like this toy toy army soldier set yeah like 17 right just to get the helicopter yeah
those seven
so we’re wrapping running out of time but there’s something i want to talk about on your personal level we’re getting ready to do the show i was
dming with you and you just had cancer yeah so what i find fascinating is
this is something that a lot of people are going to go through at some point in their life yeah and just the pathos of it like how did
you find out and like your dad get married i mean this is just let’s talk through it so i
think the more people talk about things like this the easier it is for people who are going to hear that word they’re not going to have that meltdown
although they will have the meltdown i’m sure well i can quickly summarize you have to be quick just so okay so about two years ago i had
another health issue which scared me um but then i kind of got over it and so now this time my doctor says was that
other issue life-threatening or possibility okay yes um but but that’s fine now you’re transitioning
going from one to the other yeah i just had my you know when you turn 50 you’re supposed to take your colonoscopy right as a man or a woman
and uh i was like let’s have colon cancer now i mean whatever the next thing is i’m against
that phase of life where things are happening but my point is having this first scare it made me so um
you you know if you do your annual physicals your blood work comes in and you know you see how much your cholesterol is and your doctor fusses at you and all that
you’re from louisiana yeah so you’re going to have the high cholesterol yeah yeah crawfish has a lot of
cholesterol in it especially if you suck the heads yeah a lot of fat in there but um
uh should is that is that a myth isn’t eating fat that’s not does not necessarily basically cholesterol yeah it probably doesn’t come from that
although here shrimp has a lot but i don’t know if the cholesterol comes from eating food right right just like fat being fat doesn’t come from eating
fats right so i don’t know doctors still say that though right yeah cut down on your cholesterol intake i’m
like okay so um should i switch to a louisiana accident oh please no i’m serious come on let’s do a little
well you go down to the bayou you’ve got beast details of them crawfish and stuck them heads
oh my god that’s so racist anyway i’ve tried all my life to watch that accent but i don’t know when i have when i have a miller light
or you know it comes out the red stripe yeah red stripe yeah
PSA levels
now so my psa levels is one of the blood tests and that’s your prostate specific antigen that’s a number that
is of some antigen produced by your prostate is which is a thing men have down around
your urethra right which um and as you get older it gets bigger
and so the psa level goes up naturally over time but if it goes up too far it’s a warning sign that you might have
prostate cancer which is fairly common yeah and a lot of men die with prostate cancer which i’ve learned in the last
but they don’t die from it okay so it’s fairly common as you get older like if you find out you have prostate cancer
when you’re 75 or 80 they might tell you well unless it’s aggressively growing just oh so this is one of those so this is actually
in terms of cancers to have this is one of the good ones it’s not going to keep like not like pancreatic a month later
you’re gone if you get it when you’re no it’s not it’s not usually fast growing is my understanding yeah i think it can be in some cases but um if you’re
younger like me in my early 50s and you get it it’s more of a concern because it could grow over time and finally it could spread to
the lymph nodes in your pelvis and get bone cancer and all that so it’s it’s something you want to watch or do something about and the typical
procedure is what’s called a radical prostatectomy they go in and they remove the prostate
and everything’s got to be radical with you oh my god can you get moderate can you be moderate on one actually didn’t do that so i guess it
was an anti-radical in this case um and it’s it’s a routine procedure but it’s fairly
horrendous in its complications you can be impotent and incontinent for life oh wow and it’s a pretty high percentage
of it if my understanding although good doctors say that the risk is pretty low but it’s pretty bad even in even the best case you have to have a catheter
for like four to six weeks for your wreath or group it’s pretty horrendous but they can cure it okay so it’s sort
of the the breast cancer for for men except of course it doesn’t get the attention breast cancer to us
right because we’re we’re just guys right right right we’re supposed to be coal miners and diarrhea we’re gonna yeah we’re gonna have the lower natural lifestyle anyway yeah it’s
a sunk cost um so i found out about this new procedure fairly new it’s been around i don’t know wait so you
Prostate biopsy
how did you get diagnosed so so my my urologist said uh go do a uh go do a prostate biopsy
was he saying he was worried about something the psa level was high so he said you might have prostate cancer wait
so i’m sorry you’re going so fast okay so here’s a medical professional tell you to your face
you might have prostate cancer well he yes what was your emotional response to that well i thought it was he said there’s a
low chance okay so at the time i was like so i said i’ll get the radical i’ll get i’ll get the
prostate biopsy which is they knock you out they go up your rectum and they they poke a needle a dozen or so times
it’s like a core sample and they take a bunch of core samples and then they analyze them and they see if any of them are
or cancerous okay so were you still were you worried at this point no okay but then he called me one way
did you tell your wife yeah she took me because they have to knock you out i mean what was her reaction
just routine it’s a routine follow-up of when your psa goes up you go okay so she wasn’t did you tell your son
yeah okay yeah but then the results of the biopsy came back how much longer
maybe four or five days okay were you like antsy the whole time no okay see okay you were cool as a cucumber yes
okay because i didn’t know anything about prostate cancer at the time anyway but i think i still wouldn’t have been too worried okay because because of my first gear i’m
just not that worried anymore okay so he called me like on a friday and he said look two of the samples came back
cancerous you have a gleason score he did this over the phone yeah he’s like well he said you’re going to
have to come see me next week we’re going to talk about options but it’s just weird over the phone just found out on friday he called me on
friday okay so i guess that would be better than be like call us come in next week i can’t tell you why well i think they have a procedure for
dealing he said here’s a book 101 questions on products yeah he said go get this book and read
it before you come see me yeah i think he was trying to make his i like it he’s like uh i have to see you next week i can’t tell you why just
as a for completely unrelated reason read this book about so you have cancer and are going to die
well it’s kind of funny he was like look don’t be too worried about it try to have a good weekend i said i’m not worried
you really weren’t worried no not really are you an atheist yeah okay i don’t think that’s why i’m just scared
but um so i read the book and the book
mentioned all these various procedures which are all horrific they put radioactive splinters or seeds into your thing
and he and but they didn’t mention this laser thing which i’ll tell you about in a second because it was fairly new so i never
would have anyway so i saw the guy the next week and we talked and he gave me options
right and he and you still weren’t upset well i i i started getting upset when i read the
book and i realized what the what like i realized that you could probably take it out with this process so you
weren’t scared for your life though at any point no because i figured i could at the worst case get the surgery and get it
taken out okay but i was very worried about the going through the surgery and the possible consequences sure i mean you’d
want to be incontinent for life um and um so
then it was time to have my colonoscopy which i put off for a couple years because i had that other problem sure
so i asked my you know they go up your rectum again for that right and i asked my my my url i said can i have my
colonoscopy or do i have to wait a while he says now you can have it i’m like all right so i’m going to see if i call my my gni
doctor for the colonoscopy which came out fine by the way so uh but when i was in his office i was leaving
and he shares a reception room with another doctor and it’s called prostate lasers prostate laser center i’m like what the
hell is that so i went to the receptionist and she gave me a brochure and i went home and read it does it give you like electric sperm
no uh anyway um and so uh
Laser prostate laser surgery
i watched his website i had a meeting with him and i learned about it and what what there’s about four or five
doctors in the us that do this thing is called laser prostate laser surgery and what they do is
you instead of getting a prostate biopsy which is very invasive i mean there’s blood as it pulverizes your prostate
they you get an mri in a really advanced mri machine it’s called a 3t there’s only so many around
they have high resolution right and uh the pro the mri looks at your prostate and they
can see the cancer and they can see where it is and what the shape is and how many lesions there are things like that
so i did that and i met this guy and i decided to do that what they do is if you’re a candidate which i was you
you go into an mri machine for almost three hours oh my gosh and and they put a probe up you
and there’s a laser on the tip and they use the mri to position the laser exactly next to the lesion
and then they turn it on and they burn it on the inside is it going through your urethra or through your colon no they go through
your rectum right okay okay but just a few inches up to the prostate and they stick it’s just a probe about the size of your finger
um and there’s a little hole in the middle where a little cannular thing is first are you awake while this is
happening you’re awake because yeah it’s complicated but i was awake but i was today i was kind of it wasn’t too horrible it was painful
because they have to poke you about a dozen times to find the right spot right and when they do that they burn it
and for about five minutes but then they do that about eight times so they get can you smell the burning no it’s interior but i mean the smoke is
coming out so there’s no smoke it’s a laser it’s a laser it’s not i don’t know about lasers and the rectums okay
it’s a fiber optic it’s a fiber optic and it’s a bright light it’s about 15 watt light at the end it’s it’s like the little burning air is shaped like a
grape okay but it’s all on the inside of your body okay you can feel it though i didn’t know you had nerves up in there but you do and i was i was like ah it’s
starting to burn he says 30 more seconds and then he’d do it again right but they’re doing this with the mri on
live it’s bizarre and so at the end you go meet him and he shows you here’s the picture here’s before and after here was your cancer
and now it’s gone now my urologist is skeptical because he says oh they don’t have long-term data
because they’ve only been doing this five years wow and it’s not covered by insurance it’s extremely expensive so
i mean is it six figures five but it’s it’s up there you know wow but it’s worth it to to me to avoid
a lifetime of you know whatever course but anyway so you know so that’s what i went so as far as i can tell i’m cancer-free
and i walked out the same day walked or limped well like i walked i mean i mean if
you’ve got burned up your butt i mean it’s it’s not that bad
wow now i had a catheter for a couple days now that’s not fun but it’s not as bad as you think you
know what sounding is yes i so i was talking to my yes i figured i found out what sounding is i
could not believe it some people do this for fun yes this yes i had to learn this on new year’s day because this is what happens when you
have gay friends and they will teach you learn terms that you’re not supposed to know well okay so you said you brought it up so i had to
have the catheter for two days because i had the surgery in the afternoon and so usually anyway it was only two days and then i’m
back tomorrow how how wide is a catheter it’s like a pen oh no there are big ones they’re
different sizes but i’d say it’s a it’s it’s about the size of the urine stream roughly okay
okay some okay maybe like the lead in a pencil bigger no no about the size where you’re
i’d say maybe not a quarter of an inch but maybe an eighth of an inch okay maybe a little
bit more than eight okay okay so wider than it actually doesn’t hurt i was surprised
do we want to get graphic yes we do okay you are welcome it doesn’t hurt that much to go in for the mail but when they go so they go
through the penis and and then they have to go into the into the bladder and there’s there’s what they call a sphincter ins that stops your blood
yeah go through the sphincter can hurt if you tighten up so that part hurts it’s not as terrible
as it sounds really yeah it did okay otherwise some people would do it for fun wait so you i mean they got to lube
the hell out of that thing right yeah it’s lit they actually put like this it’s like a toothpaste too of like super glue but
it’s really this numbing benzo caners i don’t know what the hell it is and they they squirt that into you and it
numbs you up and that doesn’t hurt i was surprised it didn’t hurt wait but are you confident during these couple of
days when you have it in or you’re just peeing automatically not thinking about it you have a bag strapped to your leg attached to this tube so but you have
bladder control no because so the the catheter goes in and and when they go into your bladder
then they inflate this thing and there’s a little balloon that deflates on the inside about the size of a walnut
and that’s what anchors it in and keeps it from falling out okay and there’s on the top of that balloon there’s some openings where the urine
goes through so whenever your bladder gets urine it just starts trickling out do you feel it trickling out no
you but you’re going to feel the baggage heavier okay how often did you open empty that
bag is it you’re a couple of hours isn’t urine produced in a constant rate pretty much
pretty much did you did this discourage you from drinking like any water because you just wanted as less as possible no i want no i was afraid i
would be i was afraid i would be uh dehydrated or something no uh i was afraid i would be uh
there’s a word they use uh but it means uh uh retention okay and if you have retention the
reason they leave the catheter in for a couple of days after is because well the reason for the catheter during the surgery is because the heat of the
laser might burn a hole through your urethra so they’re pumping cooling it’s a coolant that’s the reason they do
it so they’re cooling your your urethra during the laser surgery the only other
where i’ve discussed urethra is this much was with tom woods i hate to do it but i just learned about
all this myself but i mean doesn’t it hurt more to taking out than putting it in no okay good because you go into the
sphincter to go in and that hurts okay taking out didn’t hurt but was it it was a relief it was did you have bladder control back
immediately yes okay which is good so you probably had pretty much the id
other than the money that you had to lay out you pretty much had the ideal cancer experience yes and also my understanding is there’s
no downside because if it doesn’t work let’s say the cancer comes back or it’s not really gone i can still go get the other surgery later it
doesn’t stop the money yeah you’re just out the money okay wow uh that’s so learning now listen i’m not
recommending this because i could be wrong and maybe my urologist would say i’m crazy so i’m not giving i don’t want to give medical
advice i do think guys should be aware that mri this and by the way the mri
thing is becoming my understanding is that isn’t that also a patent thing the mri machines
i don’t know they must be are you kidding it’s like very expensive but they’re expensive anyway um i mean it’s like i think that i was
asking the the center where they had this machine it’s like a one point something million dollars there’s no way that patent isn’t involved with an mbi
machine it’s got to be it’s got to be um yeah of course and so now there’s one there’s one good
thing in the in in in the patent statute in the u.s um
there is i think this was done in the 80s or 90s um there was an exemption made for medical
procedure patents okay in other words doctors can’t patent medical procedures okay
so they some doctor couldn’t get couldn’t come up with a new way to operate and then get a patent and prevent other
doctors from doing it unless they paid him a license they can’t they can’t stop that which is good they can patent their little devices but
they can’t patent their procedures at least all right uh we are long kinsella thank you so much for swinging by being my
first guest on gas and talking about uh patents and urethras which is going to be a big theme on the show in the coming weeks
i will see you all next week you are [Music]
welcome
you