News of the Week – September 24th

The Volkswagen emissions scandal has rocked Germany’s business and political establishment and analysts warn the crisis at the car maker could develop into the biggest threat to Europe’s largest economy (Reuters). Stock market turmoil and a surprise currency devaluation fueled fears of a Chinese slump with global repercussions. But even a weaker China still is on track to turn in …

News of the Week – September 17th

A Federal Reserve interest rate hike this week could shake markets but is likely to cause just a ripple in the solidly growing economy, analysts say (USA Today). U.S. homebuilders are feeling slightly more optimistic about the housing market, nudging their confidence this month to a level not seen since the high-flying days of the housing boom nearly 10 years ago. …

News of the Week – September 10th

China’s economy has been on a rollercoaster ride for the past few months, and the latest data out of the world’s second largest nation isn’t getting much better. (Fortune). atent scholars have proposed several theories to understand why SCOTUS increased its review of patent decisions. Some scholars view SCOTUS’s activity as an effort to reclaim its power from the Federal …

News of the Week – September 3rd

In a report that could help the Federal Reserve decide whether to raise interest rates this month, the central bank said Wednesday the U.S. economy grew a bit more slowly from early July to mid August as consumer spending accelerated but a strong dollar and low oil prices continued to weigh on activity (USA Today). The U.S. trade deficit fell in July to …

News of the Week – August 27th

How and why The Economist published such complete and utter nonsense in its August 8th edition remains a mystery. It is outright false to say that patents played no role in advancement during the Industrial Revolution. It is even more ridiculous to claim patents played no role in the development of steam engines. Yet, these and other false claims were …

News of the Week – August 6th

Without some ability to create a barrier to entry simple laws of economics mean that if you make money there will be market entrants that seek to make money competing against you. Having a strong patent position makes it more difficult for competitors to cannibalize your market (IPWatchdog). The number of Americans filing new applications for unemployment benefits rose less …

News of the Week – July 30th

The Innovation Act poses a threat to this drug discovery process. The bill creates a host of new administrative hassles for those defending their patents in court. New legal expenses and time burdens could deter researchers from pouring funds into drug development because the patents that make such development financially viable would be harder to enforce (NewsWeek). The Federal Reserve …