Wednesday, June 12, 2013

Somebody loves Patent Trolls

Over at the Hoover Institute we have some lawyers  defending patent trolls.  They make the argument that patent trolling is merely specialization of labor.  Some companies specialize in making steel, others specialize in flying passengers, patent trolls specialize in maximizing patent income for patent holders.  Yeah Right.
   In actual fact we have scary amounts of money sucked out of productive companies and poured down the maws of lawyers. 

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