It’s been a while since an update, but here‘s a fascinating piece from ‘The Independent Institute’ on the Philosopher Alvin Planinga receiving the Rescher Prize. I spent some time with the Institute during the summer of 2009, and can attest to the continuous stream of excellent and thought-provoking pieces from their research fellows on economic and social issues.
Many libertarians claim that intellectual property rights abrogate traditional property rights, by prohibiting individuals from doing want they want with their own possessions. They claim that private contracts could supplant state intervention.
In fact, intellectual property rights arose in response to the impossibility of properly enforcing property rights and contracts. There are also benefits in preserving the profit motive. They are the solution, not the problem.