Selgin-Turner Vs. Boldrin-Levine

by Don Boudreaux on January 7, 2010

in History, Innovation, Law, Myths and Fallacies, Property Rights

Economic history is fascinating, not least because reality is so creative and revealing.

In this excellent paper, George Selgin and John Turner challenge the now-popular notion that patent protection hampered the development of steam power in the 19th century.

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