The Constitution is an extraordinary document. Life for most humans for most of human history has been poor, nasty, brutish and short. The Constitution acknowledged this past (and present) – and transformed our future.
April 26 is World Intellectual Property (IP) Day: “We celebrate World Intellectual Property Day to learn about the role that intellectual property rights (patents, trademarks, industrial designs, copyright) play in encouraging innovation and creativity.”
A government taking occurs when the regulatory strictures placed on a piece of property so limit its use that it is stripped of economic viability. Penn Central Transportation Co. v. New York City is the leading case in the Supreme Court’s regulatory takings jurisprudence.
Does fracking cause housing prices to fall? The answer to that question is more difficult that it might seem. Many anti-fracking activists have claimed oil and natural gas development has led to substantial decreases in property values in areas where drilling occurs, but other places, such as North Dakota, saw property values skyrocket during the boom in oil production.
There was on Monday a quintessential example of the horrendously bad thinking of those opposed to all things intellectual property. An op-ed totally disconnected from Reality – and chock full of thought-free, pathetic anti-property platitudes.
There is a warped Inside-the-Beltway fetish with “getting things done.” Warped – because of what many of those “things” consist. Most members of both political Parties (and the bulk of the Chattering Classes) want things – that most of We the People do not. So DC tries to distract from their terrible products – by obsessively fixating on the process.
Last Monday was Presidents Day. But that holiday is relatively new – an amalgamation of the birthdays of George Washington (President #1, February 22) and Abraham Lincoln (President #16, February 12). It is now a day set aside to celebrate all American Commanders-in-Chief.
In today’s edition of the Heartland Daily Podcast, Isaac Orr, Heartland Research Fellow for energy policy, joins H. Sterling Burnett to talk about his newly released study on the impact of frac sand mining – Social Impacts of Industrial Silica Sand (Frac Sand) Mining: Land Use and Value.
iven Google-YouTube, the world’s dominant Internet video distribution platform with ~1.6 billion viewers in 70 countries and 75 languages covering 95% of the world’s population, and given Google-Android is the world’s dominant mobile operating system with >80% share, the only thing Google lacks in the Internet video business is a willingness to pay a market-negotiated rate for the licenses and rights to use and profit from the world’s most valuable video content, and to be a responsible corporate steward to protect the premium content from the devaluation of piracy.
Back when I was a musician – writing songs rather than things like this – I was just about the only one I knew who wasn’t stealing music via the heist website Napster. And I lived in Austin, Texas – the “Live Music Capital of the World.” I knew a LOT of musicians.
For the second consecutive Congress, expanding protections for trade secrets of U.S. businesses has emerged as an important issue in both chambers. Identical bills were offered in the U.S. House of Representatives and the U.S. Senate titled the Defend Trade Secrets Act of 2015 (DTSA). The bills were referred to the Committee on the Judiciary in both chambers.
It is disappointing to see so many people who usually reside on the Right – go screaming Leftward on an issue so fundamental to all-things-free-market as private property protection. In this particular case – patent protection.
In what has been a rough couple of months for the Obama administration on the regulatory front, the U.S. Court of Appeals for the Sixth Circuit has issued a temporary nationwide injunction halting the controversial new Waters of the United States rule (WOTUS) of the Clean Water Act. The U.S. District Court in North Dakota had already issued a preliminary injunction against the rule in late August, but the Obama administration claimed the injunction applied only to the 13 states bringing suit. The nationwide injunction is a significant setback for Obama and his Environmental Protection Agency (EPA).
In rural North Carolina, Lyndon McLellan runs the L&M Convenience Mart, a small gas station and restaurant, half a mile outside the limits of Fairmont. In the summer of 2014, every last penny of McLellan’s business bank account was drained by Internal Revenue Service (IRS) agents, on the pretext McLellan was attempting to conceal evidence of money laundering.
Imagine you’re hiking through the foothills of the Appalachian Mountains in rural Pennsylvania. The Sun is shining, the birds are chirping, and more than a mile below the ground you stand on is a network of natural gas wells producing vast quantities of natural gas. At the surface, you’d never know it. This is the advantage advances in horizontal drilling technology have brought to the table, dramatically increasing natural gas production in the United States while greatly reducing the surface footprint of drilling operations.
A recent study of eminent domain takings and their associated state and local government tax revenues suggests buying grandma’s farmhouse to make room for a strip mall isn’t the automatic economic boon it’s claimed to be, leaving some wondering if the use of eminent domain as an economic booster is ethical.
Republican lawmakers are pushing hard to corral President Obama’s rogue Environmental Protection Agency with stringent bills and a blunt warning against finalizing its most dangerous land grab ever, the pending redefinition of “Waters of the United States,” or WOTUS, which would seize power over almost any property that gets wet regardless of what it is or who owns it.
“When the Dunes Sagebrush Lizard (DSL) was being considered for listing under the Endangered Species Act (ESA),” Chris Bryan, agency spokesman for the Texas Comptroller, told me, “significant parts of the Texas economy were placed at risk.”
Imagine police seize your money, your car, even your house. Imagine this happens without you being convicted of a crime or even charged with one. Imagine being told you must sue the government to get back your property and prove you did nothing wrong, and the government can do nothing – nothing – and still keep the property.
It is a rare occurrence when Hollywood produces a film that neither glorifies the welfare-warfare state, nor vilifies capitalists and businessmen. Yet that is exactly what Marvel Studios has managed with the Iron Man series. In the character of Tony Stark we see the pinnacle of the capitalist fantasy: an ingenious businessman who values property rights and self-defense, and who does not compromise those fundamental rights in the face of government intimidation and force.