Stronger patents can lead to more innovation by creating an incentive for research and development. They also can be used protectively, creating long-lasting monopolies. At the Institute, we’re asking to what extent the law should safeguard patents, and where patent law hurts economic progress.
Laws
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The Erroneous Foundations of Law and Economics
Feb 25, 2021
Conservative legal theory is based on a shoddy definition of what constitutes “efficiency”
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Working Paper Series
The Erroneous Foundations of Law and Economics
Feb 2021
Conservative legal theory is based on a shoddy definition of what constitutes “efficiency”
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Working Paper
Never Together: Black and White People in the Postwar Economic Era
Jul 2020
Over and over again, US government policies designed to transfer and create wealth and economic opportunity were restricted to whites by design.
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Labor, Technology and Growth
ConferenceTowards A Gini Negative Solution
Feb 27–28, 2020
What will empower a worker to be able to make greater demands on a profitable economy or employer? The answer may be summed up in one word: leverage.
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The Vikasarth Conversations
DiscussionJan 16, 2020
Prof. Oliver Hart and Justice A. K. Jayasankaran Nambiar in conversation
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Samvaad Lecture: A New Approach to Contracts
DiscussionJan 14, 2020
Prof. Oliver Hart delivers the opening lecture of INET and ITT Bombay’s Samvaad lecture.
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Facebook, Acquisitions, and Potential Competition
Oct 21, 2019
Big Tech companies are swallowing up nascent competitors. Why aren’t regulators paying attention?
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Coding Private Money
Jun 3, 2019
The state has long used law to back private money—with dire consequences, then and now
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Antitrust in American History: Law, Institutions, and Economic Performance
May 2, 2019
The Chicago School’s weakening of antitrust law hurt the economy
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Working Paper Series
Antitrust and Economic History: The Historic Failure of the Chicago School of Antitrust
May 2019
This paper presents an historical analysis of the antitrust laws.
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The Antitrust Case Against Facebook You Need to Know About
Apr 22, 2019
“Facebook is undermining our country, our democracy.”
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Can Antitrust Law Rein in Facebook’s Data-Mining Profit Machine?
Apr 17, 2019
Facebook engaged in an elaborate bait and switch on user data: Privacy disappeared when competition did. Laws governing competition could change that.
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Why We Should Decriminalize Sex Work
Mar 27, 2019
Stigmatizing and relegating an activity to the shadows doesn’t improve anyone’s welfare
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3rd Law Economics Policy Conference, 2018
ConferenceNov 26–28, 2018
Organized by the National Institute of Public Finance and Policy (NIPFP), New Delhi in collaboration with the Institute of New Economic Thinking, New York, the aim of the Law Economics Policy Conference series is to bring together legal, economic, and public policy thinkers to consider a variety of real world issues in India in a holistic manner.