Are Patents and Intellectual Property Necessary Components of an Economy?

I apologize for my hiatus. I have been extremely busy on a project for work that has consumed about 75% or more of my time lately. I appreciate you, my faithful readers, sticking with me. If you're a fan of economics, you won't be disappointed today. In response to the news of Martin Shkreli buying … Continue reading Are Patents and Intellectual Property Necessary Components of an Economy?