A Perfect Opportunity for a Patent Pool
Two bills to promote semiconductor manufacturing in the U.S., the American Foundries Act and the CHIPS for America Act, have been introduced in the Senate as part of an effort [...]
This Week in Intellectual Property, July 7th
Rent Check Gilead has released its pricing plan for the drug remdesivir, focusing exclusively on the welfare provided by the drug in a plan totally foreign to almost any other [...]
Estimating The Cost Of Delayed Generic Drug Entry To Medicaid
Delays in market entry of generic drugs are common. This study sought to identify the prevalence of delayed entry, the reasons for the delays, and the delays’ effects on Medicaid [...]
Gilead’s Gall
The best critiques of the patent system--both in theory and as it exists in practice--can be boiled down to a simple point: there is a world of difference between capturing [...]
The National Emergency Library is Dead and Controlled Digital Lending May be Next
Tuesday was supposed to be the last day of the National Emergency Library’s operation. But after claims of copyright infringement filed by the publishers Hachette, HarperCollins, Penguin Random House, and [...]
When Patents Suppress Innovation
Last week, Niskanen hosted a webinar on drug patents and COVID-19, where Brink Lindsey, Kodiak Hill-Davis, and I discussed the role of the patent system and its effects on potential [...]
This Week in Intellectual Property, June 23rd
Rent Check As an author whose works appeared on the National Emergency Library, Brink Lindsey explains why he's happy his books are available for all to read. You can watch [...]
This Week in Intellectual Property, June 16th
News and Commentary Another one bites the dust. MIT announced that it will end its contract negotiations with the publisher Elsevier, as "Elsevier was not able to present a proposal [...]
This Week in Intellectual Property, June 9th
News and Commentary In Inside Sources, I make the case that substantive patent reform should be part of the recovery agenda. This includes not only tightening patent eligibility and protecting [...]
Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation
We quantify the impact of bank market power on monetary policy transmission through banks to borrowers. We estimate a dynamic banking model in which monetary policy affects imperfectly competitive banks’ [...]