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Patent Reform Recommended

Wired News: New Study Urges Patent Upgrade bq. As a solution, the council recommended in its report that the patent office and Congress take seven steps to improve the patent system. Those steps include, among other things, hiring new patent examiners, creating a more open system for challenging questionable patents, and rejecting more patents on ...

Unemployment and Offshoring

Say I wanted to build a technology research company from scratch. I would hire all of the principal analysts and core management team (including IT) from US sources. All of the accounting, admin, international sales, research associates, call center sales, editorial support, translation services, report production, and IT services would be hired from offshore sources ...

Google’s IPO

The New Yorker: The Talk of the Town – That, as it happens, is what Google is contemplating. To be sure, the company has made the rounds on Wall Street and auditioned the usual investment banks. But it is also considering a different approach. Instead of hiring an investment bank, Google would effectively let the ...

Nafta and Mobile Factors of Production

NAFTA reality check – However, when Ricardo said that free trade would produce shared gains for all nations, he assumed that the resources used to produce goods — what he called the “factors of production” — would not be easily moved over international borders. Comparative advantage is undermined if the factors of production can relocate ...

NAFTA Effects

A decade later, a tempered vision of NAFTA – Industrial space that was once hotter than a jalapeņo pepper is cooling as companies that flocked to Mexico in the 1990s are looking to China, Honduras, Sri Lanka, and elsewhere for lower wages and better all-around conditions. Overall, the number of jobs in Mexico’s so-called maquiladora ...