Pieter Hintjens (1962 - 2016) on Patents

"Patents are a medieval economic tool by which politicians attempt to stimulate trade and wealth by banning innovation and competition in crucial areas of technology"

"House prices fall and bad debt shakes the financial markets across the US and Europe. Bankers look nervously at their portfolios of consumer debt and mortgages. But some analysts say that it's patents, not houses or loans, that will tip the global financial market into crisis"

#Economics #KM #Business #OpenSource