Category Economist Letters

The reaction to getting a letter published in your favourite ‘newspaper’ always reminds me of Freddie (played by John Candy) in the 1984 film Splash with Daryl Hannah and Tom Hanks:
[Excitedly waving a Penthouse magazine]
Freddie : “They published my letter. Here it is, ‘A lesbian no more’. They published my letter.”
Oddly, a Disney production.

Space-Junk Bonds

“Tax heavens” (May 30th) looked at how to tax businesses that operate in space and the growth of offplanet finance. The more immediate market failure is not untaxed Martian income, but unpriced, man-made orbital debris; there are 140m pieces up…

E-taxes

Mike Godwin’s law of Nazi analogies states that as an online discussion grows longer, the probability of a comparison involving Nazis or Hitler approaches one. A corollary adage might be that as an economic discussion grows longer, the probability of…

An ideas revolution

With unproven innovation utility and litigation costs exceeding licence income, as well as frivolous lawsuits, legal bullying, and patent portfolios barring market entry, patent reform is essential (“A Question Of Utility”, August 8th). Patent offices are 19th century fixed fee…

Business quotes

SIR – You began an article with the old saw “that half of all advertising budgets are wasted—the trouble is, no one knows which half” (“Change of track”, June 9th). The remark is frequently attributed by Britons to Lord Leverhulme,…