It's no secret that private property rights constitute a natural human right, as well as the foundation for prosperity and innovation across time and geography. And among the forms of private property, it's important to recognize that intellectual property (IP) constitutes a core component.
For proof, look no further than the U.S. Chamber of Commerce's annual International IP Index, which year after year confirms the cause-and-effect relationship between IP protections and prosperity:
The most up-to-date data on the benefits of IP protection reveals that IP is, in fact, a critical instrument for countries seeking to enhance access to innovation, grow domestic innovative output, and enjoy the dynamic growth benefits of an innovative economy. …[more]
This week offered conservatives and libertarians a delightful spectacle in Judge Neil Gorsuch's testimony during Senate Judiciary Committee confirmation hearings on his nomination to replace the late Justice Antonin Scalia on the U.S. Supreme Court.
Gorsuch performed so brilliantly, and his antagonist Judiciary Committee liberals performed so ineptly, that his confirmation now appears all but certain.
In that vein, this week offered additional positive news in the form of a new Rasmussen Reports survey showing that voters believe that any opposition to Gorsuch's nomination derives…
"President Trump moved Wednesday to fulfill one of his key campaign promises, outlining a dramatic plan to slash taxes for nearly all individuals and businesses and give the tax code its biggest overhaul in three decades. ... Predictably, Democrats like Sen. Chuck Schumer instantly dismissed the proposal with their usual mantra of 'a tax giveaway to the very, very wealthy.' Well, let them propose…[more]