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The Becker-Posner Blog

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Welcome to the new Becker-Posner Blog, maintained by the University of Chicago Law School.

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The Becker-Posner Blog

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Welcome to the new Becker-Posner Blog, maintained by the University of Chicago Law School.
08/04/2013
07/21/2013
07/15/2013
07/07/2013
07/03/2013
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August 2013
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Technological Change and Natural Resource Prices-Becker
Commodity Price Fluctuations—Posner
Patent Trolls—Posner
On Reforming the Patent System -Becker
The Sequester Is a Failure—Posner
Has the Government Spending Sequestration Hurt the Economy? Becker
Should There Be a Carbon Emissions Tax? Posner
What Should a Carbon Tax Look Like? Becker
The Senate Bill on Immigration Reform-Becker
What to Do About Immigration, Legal and Illegal? Posner

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patent carbon tax prices sequester employment federal years warming immigration natural global economy illegal price countries immigrants emissions patents government number effects cuts reduce american spending companies united save increased troll resources private economic posted rate cost reblog taxes permalink | comments skilled threat costs year major percent scientific trolls becker patented commodities program resource administration gasoline encourage regulatory skills innovations power workers market methods coal political senate employees increase sector future border policy mexico dioxide costly budget fuels citizenship fluctuations addition litigation problem innovation incentive length good expensive president month making rising population jobs fall legal security effective level plants agricultural higher turn difficult subsidies congress rose demand revenue fossil software temporary levels atmosphere modest drug court high public upfront decline country reducing unemployment limit financial growth required supply cars

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production ocean raise allowed output rule money fact discussion case mexicans measures human hurt created treatment programs income opposition burned increases consequences business practice governments fracking local admitted catastrophic predicted performance reduced inventor adverse crisis grow posner standard illegally appears social total protection blog us 07 action growing decade rapid grains markets developed duplicate businesses graduates becker-posner degrees international employ agriculture provisions people continued produced catastrophe supposed military corn drugs categories open basic instability wheat easy purpose recover funds benefit reserve continue license millions entry technological infringing fee pharmaceutical mexican capita young sue inventors export extract intermediaries stock fear americans small access fields individuals point type care plan office produce secrecy undesirable greatly offsetting private employment revenues amnesty longer industry efficient users eventually allowing permanent substitute immigrant gases step order needed reforms stimulus happened society requires support enable contribution domestic agree electric billion in the enforcement sectors problems law proposed cutting sources rapidly stiff imported examples continues

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markets developed duplicate businesses graduates becker-posner degrees international employ agriculture provisions people continued produced catastrophe supposed military corn drugs categories open basic instability wheat easy purpose recover funds benefit reserve continue license millions entry technological infringing fee pharmaceutical mexican capita young sue inventors export extract intermediaries stock fear americans small access fields individuals point type care plan office produce secrecy undesirable greatly offsetting private employment revenues amnesty longer industry efficient users eventually allowing permanent substitute immigrant gases step order needed reforms stimulus happened society requires support enable contribution domestic agree electric billion in the enforcement sectors problems law proposed cutting sources rapidly stiff imported examples continues enter inability quota application favorable holders refuses sunlight issues 2013 the optimal overcome suit disputes apply approach excessive theory the bill advanced creates concepts common monopoly product regulations called process include damages bigger narrowing claim reaction reaches limits h-1b question deficit services health “patent target unproductive implemented us what fiscal frighten develop products warrant trolls” evidence overhaul resort dollars encourages sale incurred approved impose it’s don’t size avoid testing bureaucratic disclose animal alternative trade raises risk limiting supreme distributed shultz granted annually terms estimated solve selling economists ambitious development the desire separated percentage pay inventions belief technical rights trolldom filed co2 genes earth’s direction offset creators obama activities july york articles emitter reforming discoveries overdue journal today development of lawful create eliminating fuel abrupt electricity competition generation encouragement one can discern extremely fears played appellate patentable vehicle electrical led restrictions issue foreign techniques received posed generally book the evidence response widespread foreigner’s imports managed intelligently that the japan national foreigner regions array method agency danger thought reduction would-be commodity agencies syria considerably politics world’s summer advances pushes tolerable waste practical politically birth atmospheric unusual huge republicans control enhanced barrel sharp fallen encouraged picture sequestration so-called magnitude of the china gdp century amounts occur developing recession mandated $85 published living deposits extraction answer women preference commercially government employment period foreigners unrestricted earth steps smaller consumers induce europe adjustments evolution feasible stocks triggers heavily immigrate laid bread citizens idea dissent to patent “the days term assist proposes intended disaster nations began civilian democracy regulation points infeasible the american competitive burning slowed entrepreneurs goods defense gradual religious layoffs valuable child poster consensus consumer great wealth drives extent middle timing deal eastern

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enter inability quota application favorable holders refuses sunlight issues 2013 the optimal overcome suit disputes apply approach excessive theory the bill advanced creates concepts common monopoly product regulations called process include damages bigger narrowing claim reaction reaches limits h-1b question deficit services health “patent target unproductive implemented us what fiscal frighten develop products warrant trolls” evidence overhaul resort dollars encourages sale incurred approved impose it’s don’t size avoid testing bureaucratic disclose animal alternative trade raises risk limiting supreme distributed shultz granted annually terms estimated solve selling economists ambitious development the desire separated percentage pay inventions belief technical rights trolldom filed co2 genes earth’s direction offset creators obama activities july york articles emitter reforming discoveries overdue journal today development of lawful create eliminating fuel abrupt electricity competition generation encouragement one can discern extremely fears played appellate patentable vehicle electrical led restrictions issue foreign techniques received posed generally book the evidence response widespread foreigner’s imports managed intelligently that the japan national foreigner regions array method agency danger thought reduction would-be commodity agencies syria considerably politics world’s summer advances pushes tolerable waste practical politically birth atmospheric unusual huge republicans control enhanced barrel sharp fallen encouraged picture sequestration so-called magnitude of the china gdp century amounts occur developing recession mandated $85 published living deposits extraction answer women preference commercially government employment period foreigners unrestricted earth steps smaller consumers induce europe adjustments evolution feasible stocks triggers heavily immigrate laid bread citizens idea dissent to patent “the days term assist proposes intended disaster nations began civilian democracy regulation points infeasible the american competitive burning slowed entrepreneurs goods defense gradual religious layoffs valuable child poster consensus consumer great wealth drives extent middle timing deal eastern including liberals eliminate felt burden quantity deforestation release ominous tons statistics indifferent labor emits warming—it compounds takes week scale producer overall government setting warm burn mirror image fund levied continuing unwilling unable 10% geological fell hiring rightwingers its level since 2010 propagated guaranty reached cutbacks weakness myth budget restrictions manufacturers tighter heart meltmethane constitutionality jeopardized oceans methane invalidation “penalty blocked assumption an implicit sheets injecting greenhousegas reverse rays much bigger are only the various percentages discretionary trapping vote stems federal spending rest of geoengineering telling january proposing sulfur reflection advisors minimize for men data room government and cumbersome conservatives seek naturally government employees private sector detect imposition with confidence hysterical sun’s the bureau agent emitted causative determine time series separate melts relation heading events actual growth uncertain forests piping assuming implicitly inspire inundation coal-burning and employment cumulative “younger studies detailed “whitening” during this generating man-made opinion remedial suggestions underground discussed believed average antarctic temperature 2013 should centigrade cuts in predicted large dryas” conclude reaching probability compensating fahrenheit unbelievable suggestive industrializing the media plant destruction vehicles nudge high enough although unemployment to what instance byproduct forms principal several months warmer 7% for risen arctic globe compensated subject unemployment fell species grew makers aimed advocated in 2013 unrealistic history roofs controls notably acid forecast safe rain about equal promise temperatures growth in coastal falling lives nightmare swamped pollution—sulfur congressional prestigious close to emitters dividend decreased desire decrease factor contributing number of america’s policy tough includes ironical of skilled up during dried group the number rates the second border illegally clip the recession want to foreseeable fences when the favored eligibility wouldn’t eligible criminal purchase wealthy education residency resident favor divides rightly declining desire parts criteria weighted eighted immigrant’s decent mexican economy are the undocumented revolves around buy controversial pathway status provisional immigrants living to citizenship when immigrants solution” sells have proposed senate’s changes skilled workers to immigrate terrorists radical challenge see my at least happy about police pedestrian fence doubles agents borders be politically immigrants to of two redundant patrol it doubles propose legally waiting compared to or other satisfy crossing difficult to illegal residents productive exceptions billions tens spend proposal aiders abettors shadow cast stemming countermeasures free coupled flow penalty isn’t prevention thumb nation’s optimistic ” becker nation providing path fluctuations—posner patent prices-becker commodity posts technological 2013 sun mon tue wed thu fri sat 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 recent trolls—posner on -becker the posner what becker should failure—posner has posner august becker richard stimulate reduces measure outright solution us next pages gary feed home subscribe preventing coupling objection can’t schools—but elite repulsive transaction emotions—except negative trigger persons admission medical michael harvard’s ethicists aware sandel salable—some transplant organs exclude switzerland canada existing facto citizen enormous excepting criminals amnesties expectation creating density 1920s wrote preferential analytically bring november ‘path prevailed reverting difficulty discussion on posts the united a replacement imminent looked of special emit solar wind and electric-powered and other from greenhouse damage the atmosphere mitigate supported exhaustible greenhouse disaster from removal of carbon ways to energy generate justification carbon tax justified the level tax because sharply proposed that george separate the yielded tempting would create emissions would designed other special footprint and hence deficits raises tax groups is the strikes clearer over time ramped for this economic theory implies exceeded of co2 knew time even the magnitude deals effective than actions is serious estate president obama accepted carbon taxes remain is powerful concentration the reason climate economics “on topel policy” the b space the remaining analysis murphy global warming hotelling value of equalization positive exploitation over depletable combat policies extensive american population “dividend” bill introduces relaxing preceded the boom engineering other scientific the annual compared gain admission universities numbers and it per year modestly under the the opportunity allows companies stay upper renewing possibility ability productively quotas justice definitely welcome can enter reflect demand for argued competition from professional associations expansion do this they become tech not only lot other discoveries wanted born native more likely misses applauded the revenue distribution their populations alaska blunt because of the real additional to finance capita rebate sum payment wall tax” a revenue-neutral “why street april lump distribute are several implement at appropriate expands illegal immigrants of representatives house have enough “points” immigrants annually admitting merit-based reform-becker tax revenue greenhouse gases sequestering mitigation supplemented causing also important raising be sharply mitigating corporate exert producers independent numerous homogeneous cartelization deception mechanism highly confusion allocation regarded discord conflagration triggered spark desperation considerable irony doubting grounds smoothing principle entities “patent-assertion prefer denotes buys thousands finding licensing aim colloquialism trolls—posner economically smoothed contracts futures employed susceptible 2013 patent disaster—as challenge—even event incorrect spring” “arab spiked september odd unmitigated spikes ensued region-wide collapse touched lesser importers traceable lebanon fluctuate rice depression dipped soybeans confluence incomes protests complain straw shortgages riots overthrow antipathies yearning civil prevent limited manufacture diversion consuming ethanol droughts subsidize dramatic foodstuff individual plausibility deep lawyers class obstacles—like pockets draw extensions barred influence easiest unreliable forbid appeared competitors manufacturer characteristics scientists casually overextended—patents vastly post-patent owner searching invest impair excuse files beforeapplying attractive sake safety’s serves patentee alleged shaking sole infringers remember undersell copy enabling earn hundreds threats credibility maintain settle litigate judgment sunday “asserts” terminology settlement plausible company allegedly demands inventory drop matter hoping infringement refuser report crescendo insulation creative activity ceiling phamaceutical subjects approval efficacy safety saturation trolling—and visibility attracting criticism suits increasingly $25 earns profitable—one jordan egypt natural resources game-changers larger lower in ground augmented vary the ground millions of and japan homes they have drive fuel-efficient shift toward carpool greater nearer take jobs transportation enormously cheap to develop worthwhile accessing to lower the improvement hidden wildcatters rocks in shale technologies investments the surface accessible easily saudi arabia of more surfaces below ocean higher prices adjust declined due stabilized fast brazil brought illustrate copper nominal movements mainly propelled resource prices chicago university maintained blog welcome school home subscribe en prices-becker 2013 technological español quadrupled peaked around short economize and consumers their peak demand and mildly greater because opportunities to responsive to same time couple peak 25% declined from $20 $140 flat several fold range $100-$120 deceased george mitchell increasing competing steep benign availability socially manufactured striking destabilizing describes reducible fluctuations—posner us commodity inefficient industry through becker’s presents varied technology compelling component peaking stability understand nascent symptomatic closely entwined tunisia engulfed arab inflation preoccupation blind helped gallon impending minutes reveal committee board’s industrial induced increase remains importing fraction lowest close price since competes price because commands revolutionary technology purposes the oil viable assisted spent prevailing decades electric power american supply in american differ greatly depend oppose organized cheap natural recipient gas exports unwise artificially exceed in other exports take advantage facilities liquefied pipelines and exported i mentioned shale would has produced earlier conceals relevant inequality marked consumption pointed america harm injunction biblical pursuant keynes wheels massive opened drafted held conversion furloughed meals semi-poor slashes “sufficient evil failure plenty doubt experienced achieve efficiency bankruptcy takeover invites largest statute drawing delaying ingenious exhausted furloughs decreed funding troubled returning jobs—they innovators helping play a legitimate and protect failure—posner object failed correct “minimalist” manageable essentially from the excluded banned patenting considered not a insufficient encouraging innovations market-based agreeing onerous slashed financing dependent caused laid-off equivalent released soldiers aftermath faster grown politicians pressure modified lifted hasn’t dramatically recovery bad determines terminated sequester’s weakening predictions falsify bite costless mandated by “sequester” us has affirmative argue advisers council chairman incoming request enact enacted quarter fourth march print evenly split until 2021 noticeable dollar and non-defense exempt categories are medicaid cuts implemented evaluation analysts respectable blogosphere widespread apprehension alarm or authoritative 2 months on government romer christina warfare cyber domains menacing terrorism confronts reckless arbitrary formidable extraordinarily chauvinistic hostile extreme agency’s shrunk iran north china’s incipient korea addressing realized repetition sees invisible depleted biggest blunders inauguration obama’s weeks visible meat-ax controllers laying backed innocuous hands expenditures crowing shrink ruling cancer enough resources such costly granting narrow to litigate infringe entities” “patent assertion to intermediaries that greatly collect time-consuming involve motorola apple producing companies in other producing google priority flatteringly litigate against lowering opportunities would that hold for hold typical scope filing drug companies are eligible opportunities defective well designed bought infringed functioning intermediary arises housing be valuable largest patent weaknesses exclusive circuit appeals issuance jurisdiction cases overtaken 1980s promotional issued promiscuity disclosure permission patentee’s permitted fosters adding deemed “inventing enables proved groundless practiced -becker us on curb too broad loose illustration an excellent trolling promised criticized persisted relaxed patentability force—some million—providing inputs source rich without greatly discouraging courts do battle eliminate uncertainty innovations would relying new software secrets when their protect compensate more than software patents patenting mathematical nobel prizes counterproductive their exclusion disputed saving discourage learned sold dispute considered a domain scientific discoveries brca1 brca2 breast and greatly deviations treated diseases to profit position innovate could learning to competitors cause particular identification patents should medal awards drugs with compete molecularly about ten original a more to recognize task challenging large investments not need patent length shorter length in advantage developing follow extend examples where biotech original patent presently theories through granting encouraging far exceeds restricting monopolies this exclusion prizes and governments discover the patent knowledge darwin’s of relativity einstein’s keynes’ model excluding presumption macro economy equal

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2013

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becker-posner blog

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tax carbon patent posner becker immigration maintained chicago university law school

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tax carbon patent posner becker immigration maintained chicago university law school economy sequestration hurt emissions reform-becker spending senate illegal legal trolls—posner resource prices-becker natural technological august posts commodity price sequester failure—posner -becker reforming fluctuations—posner government