Quote:
Originally Posted by pocketkangaroo
Let's say you took away patents from drug makers. Do you believe that would lead to better innovative drugs?
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technology has advanced in the cost effective testing of drugs
technology has improved the speed in which new drugs can be developed.
yet the life of patents have INCREASED.
i am not for getting rid of patents completely, just putting them back to the level they were at when we started.
if that were to happen companies would be forced to make new wonder drugs quickly to replace the revenue of the old drugs when they become "generic" and open to copying in the free market.
remember i said i disagree with the economist, we don't have free trade, we have free-er trade, there are still tarrifs, there are still import restrictions and safety standards.