“While there are certainly informational spillovers as ideas move from person to person, it is hard to see why in most instances they are not priced. Although it is possible to imagine examples such as the wheelbarrow where an idea… — Michele Boldrin Copy Share Image
“Although the view that, once discovered, ideas can be imitated for free by anybody is pervasive, it is far from the truth. While it… — Michele Boldrin Copy Share Image
“In the case of patentable ideas such as the wheelbarrow, the idea of unpriced spillovers is more plausible. Yet there is no reason to… — Michele Boldrin Copy Share Image
“It is certainly true that imitation is everywhere, from sport to business, from dancing to dressing, from driving to singing. In fact, imitation is… — Michele Boldrin Copy Share Image
“While there are certainly informational spillovers as ideas move from person to person, it is hard to see why in most instances they are… — Michele Boldrin Copy Share Image
“History, practical experience, common sense and economic theory all agree: economic competition is probably one of the greatest ideas humans ever came up with.… — Michele Boldrin Copy Share Image
