Jump to ContentJump to Main Navigation
Show Summary Details
In This Section

Review of Law & Economics

Editor-in-Chief: Parisi, Francesco

Ed. by Cooter, Robert D. / Gómez Pomar, Fernando / Kornhauser, Lewis A. / Parchomovsky, Gideon / Engel, Christoph

3 Issues per year

CiteScore 2016: 0.22

SCImago Journal Rank (SJR) 2015: 0.196
Source Normalized Impact per Paper (SNIP) 2015: 0.401

See all formats and pricing
In This Section
Volume 5, Issue 3 (Dec 2009)


Volume 13 (2017)

Watt, Again? Boldrin and Levine Still Exaggerate the Adverse Effect of Patents on the Progress of Steam Power

George Selgin
  • Terry College of Business, University of Georgia
/ John L. Turner
  • Terry College of Business, University of Georgia
Published Online: 2009-12-31 | DOI: https://doi.org/10.2202/1555-5879.1432

In an earlier comment on Boldrin and Levine’s 2003 lecture on patents and their effect on technology, we observed that their account of James Watt’s influence on the progress of steam technology contained factual errors which tended to exaggerate the negative consequences of Watt’s patent. We concluded that it was far from obvious that a corrected account would support Boldrin and Levine’s bold conjectures. While Boldrin and Levine’s 2008 “Against Intellectual Monopoly” begins with a new version of Watt’s story that claims to take our earlier criticisms into account, here we assess that version and conclude that it shares many of the shortcomings of the original.

About the article

Published Online: 2009-12-31

Citation Information: Review of Law & Economics, ISSN (Online) 1555-5879, DOI: https://doi.org/10.2202/1555-5879.1432. Export Citation

Comments (0)

Please log in or register to comment.
Log in