Economists at the Federal Reserve recommend abolishing the current patent system

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Submitted by ISoldat53 on Tuesday February 05, 2013 @04:58PM

ISoldat53 writes "From the article:
"Two economists at the St. Louis Federal Reserve published a paper arguing to abolish the American patent system, saying there's "no evidence" patents improve productivity and that they have a "negative" effect on "innovation.""
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Economists at the Federal Reserve recommend abolishing the current patent system

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Now I understand the meaning of "THE MOD SQUAD"!

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Economists at the Federal Reserve recommend abolishing the current patent system