[almostbusto]

[ QUOTE ]
I agree 100%. The means to discover ideas are very very scarce. De-incentivizing the intellectual capital makes those resources even more scarce. This results in less ideas being discovered. That's a little over-simplified, and some of the ACists will still dispute the utility of IP. WRT to scarcity, I don't particularly care whether the ideas themselves are non-scarce. But I'm a utilitarian. You'll get a lot of "So?" comments from moral ACists.

[/ QUOTE ]

it sound likes you accepting a welfare loss? is this correct? meaning you are reducing the incentive for discovering ideas below its optimal level.

why would you knowingly want this? this results in a net welfare loss which is the metric by which policies are judge as a utilitarian.