Mises Daily
Author:
Michele Boldrin
David K. Levine
Online Publish Date:
[Excerpt from “Chapter 1: Introduction” in Against Intellectual Monopoly by Michele Boldrin and David K. Levine. Copyright © 2008 Michele Boldrin and David K. Levine. Reproduced with the permission of Cambridge University Press. Additional information may be obtained here. ] In late 1764, while repairing a small Newcomen steam engine, the idea of