"What does it take to make table saws safer?"

1 pointsposted 17 hours ago
by indigodaddy

1 Comments

nonrandomstring

15 hours ago

Summary: Patent system stops useful technology. Invention can save fingers and lives. Inventor (patent-holder) is greedy and lobbied government to mandate it. It should be mandated as its benefit outweighs cost in all economic analyses. Manufacturers (rightly) dig in their heels.

  "SUSAN ORENGA: I don't think any manufacturer should petition a
  government agency to mandate a technology that is
  self-interest. That would then create a monopoly."
My solution: Eminent domain. Government say's "We will mandate this technology, and you already built a time-to-market advantage, but now we're taking away your patent and making it public. Have fun making loads of money (but less than you hoped)"