Re: Do patents really foster innovation? RE: Mild psychoactive drugs

From: Michael M. Butler (mmb@spies.com)
Date: Fri Mar 07 2003 - 03:01:32 MST

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    On Fri, 7 Mar 2003 01:13:45 -0800, Reason <reason@exratio.com> wrote:

    >
    >
    > --> Ramez Naam
    >
    >> 2) In the absence of economic incentives, that innovation has been
    >> driven by personal preference on the part of the innovator, not
    >> necessarily by the desires of the market.
    >
    > Those two things ("personal preference" and "desires of the market") are
    > not
    > in fact different. They are the same thing.
    >
    > Reason
    > http://www.exratio.com/

    Re-read what he said. Personal preference ON THE PART OF THE INNOVATOR
    (sic)
    is not necessarily the "desires of the market", unless you plan to get rich
    selling rocks (or "rock", for that matter :) ) to yourself.

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