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Patents lack a basis in natural rights; to the contrary, they may be a patent absurdity. Original Article: "Patents and Progress" This Audio Mises Wire is generously sponsored by Christopher Condon. 

1. The Character of Monetary Entries Economic calculation can comprehend everything that is exchanged against money. The prices of goods and services are either historical data describing past events or anticipations of probable future events. Information about a past price conveys the