Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (2482)	10/10/2006 12:50:39 AM
From: Peter Dierks	Read Replies (1) \| Respond to of 10087

Subsidy or "government support for a technology". What is the difference? "Yes it is intended to be beneficial to society but many government interventions are." A patent is a programmatic system designed to allow people to exploit their own inventions and recoup their investments when the idea is commercial. When you said "many government interventions are intended to be beneficial to society" the statement implied that a patent was of equivalent value to society as other government interventions. I steadfastly believe "That government which governs least governs best." Government intervened once to create a patent system (and since has tweaked the system periodically since then). On the other hand things like "targeted tax cuts" tend to distort systems and produce inefficient results.