Selgin, George; Turner, John - In: International Economic Review 47 (2006) 4, pp. 1341-1348
In their 2003 Lawrence R. Klein Lecture, Michele Boldrin and David Levine argue that intellectual property rights may be damaging to social welfare. As empirical evidence for their theory they offer James Watt's steam engine patent, claiming that it delayed the Industrial Revolution by as much...
