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]
The Islamic State, you have to acknowledge, is on quite a roll. Over the July 4 weekend, the FBI arrested a northern Virginia neighbor of mine, Mohamed Bailor Jalloh. He was apparently plotting a Fort Hood style attack and told an FBI informant: "I just want to live a good Muslim life and die as a Shaheed (martyr)."
Jalloh was thwarted, but around the globe, fellow admirers or members of ISIS have been inflicting chaos and death at an accelerating rate. Just in the past 24 months, ISIS-inspired killers have struck the Brussels airport, a Tunisian beach resort, the Istanbul airport, a…
"A full decade after voting to construct a secure barrier along the U.S. border with Mexico, Congress continues to refuse to lay out the money required to build the damned wall. This, even after the stunning upset in last year's elections by the juggernaut presidential campaign of Donald J. Trump, who won the presidency on a clarion vow to voters that he would once and for all build a wall along the…[more]