Classified as intellectual property, a new cut of meat and a new dress design are viewed differently by patent and trademark laws.
How To Keep Your Parking Spot After a Snow Storm
Winter dibs is about whether you have temporary parking space property rights by shoveling your car out of the snow and if your self interest helps society.
The Benefits of Perpetual Federal Debt
Very long term federal debt that has no date for redemption like UK First World War bonds and U.S. Revolutionary War debt depend on good public credit.
Marijuana Money Problems
Colorado’s marijuana growers and dealers are wasting resources because banks and insurance companies will not act as their financial intermediaries.
Argentina's (Long) Default History
With Argentina again defaulting on her sovereign debt, she is violating the sanctity of contracts and lessened her borrowing ability at home and globally.
Celebrating Economic Independence
Yes, the United States declared independence from Great Britain on July 4, 1776 and won the American Revolutionary War. But still, we were not truly independent. George Washington’s Secretary of the Treasury Alexander Hamilton knew that true independence required a vibrant economy. He had…
Why Tesla's Totally Illogical Strategy Might Work
Our Wednesday environment focus Elon Musk just flipped entrepreneurial logic upside down. Rather than building a patent moat around his technology, he announced it would be available to anyone using it “in good faith.” That means Tesla’s 203 patents will be accessible to all…
(Not So) Dumb Starbucks
At New York’s 2nd Ave Deli, you can order the Instant Heart Attack and/or the Triple Bypass Sandwich. Listed on the menu like this (below), the sandwiches are trademarked. When the 2nd Ave. Deli trademarked its heart attack sandwiches, they consulted…
Happy Birthday to a Great Father (of our economy)
When you sing happy birthday to Alexander Hamilton today, please just think of this upward sloping (logarithmic) economic growth line: Today, 257–or maybe 259–years ago (no one is positive) on the Caribbean island of Nevis, Alexander Hamilton was born. Only…