In March of 2020, banks faced the largest increase in liquidity demands ever observed. Firms drew funds on a massive scale from pre-existing credit lines and loan commitments in anticipation [...]
Recently, state governments have begun to claim a copyright interest in their official published codes of law, in particular arguing that ancillary materials such as annotations to the statutory text [...]
An entrepreneur finances her project via crowdfunding. She chooses a funding mechanism (fixed or flexible), a price, and a funding goal. Under fixed funding, money is refunded if the goal [...]
This paper examines the U.S. government’s intramural research and development efforts over a 40-year period, drawing together multiple human capital, government spending, and patent datasets. The U.S. Federal Government innovates [...]
I survey some recent research on the role of patents in encouraging innovation and growth in developing economies, beginning with a brief history of international patent systems and facts about [...]
Recent outbreaks of infectious pathogens such as Zika, Ebola, and COVID-19 have underscored the need for the dependable availability of vaccines against emerging infectious diseases (EIDs). The cost and risk [...]
News and Commentary A pandemic highlights the obvious risks associated with greater urban density, but Anthony DeDousis in City Commentary took a dive into the data, finding that poverty and [...]
News and Commentary South Carolina Governor Henry McMaster signed into law a bill that requires South Carolina licensing boards to issue temporary licenses to the spouses of military personnel stationed [...]
News and Commentary Diego Zuluaga is on the Cato Daily Podcast to discuss changes to the Community Reinvestment Act and how shortcomings in the design and implementation of the CRA [...]
News and Commentary This month's "stupid patent" from EFF has serious consequences if it means taking money from firms producing life-sving medical equipment. Swirlate IP is suing ResMed, a ventilator manufacturer, [...]