A Libertarian Critique of Intellectual Property

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From a libertarian perspective, premised upon respect for private property and the rejection of coercion, a discussion of what is called “intellectual property” – e.g., copyrights, patents, trademarks – must focus on the same questions that attend more general inquiries into property ownership. How do such interests come into existence? How is decision-making exercised? And how are interests transferred or lost?

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