A Quote by Abraham Lincoln
The US patent system adds the fuel of interest to the fire of genius in the discovery and production of new and useful things
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Next came the Patent laws. These began in England in 1624; and, in this country, with the adoption of our constitution. Before then [these?], any man might instantly use what another had invented; so that the inventor had no special advantage from his own invention. The patent system changed this; secured to the inventor, for a limited time, the exclusive use of his invention; and thereby added the fuel of interest to the fire of genius, in the discovery and production of new and useful things.
Lincoln said that the Patent Office adds the flame of interest to the light of creativity. And that is why we need to improve the effectiveness of our Patent Office.
Genius is its own reward; for the best that one is, one must necessarily be for oneself. . . . Further, genius consists in the working of the free intellect., and as a consequence the productions of genius serve no useful purpose. The work of genius may be music, philosophy, painting, or poetry; it is nothing for use or profit. To be useless and unprofitable is one of the characteristics of genius; it is their patent of nobility.
Discovery is new beginning. It is the origin of new rules that supplement, or even supplant, the old. Genius is creative. It is genius precisely because it disregards established routines, because it originates the novelties that will be the routines of the future. Were there rules for discovery, then discoveries would be mere conclusions.
Prison does strange things to men. Although its purpose is to break the free spirit of a man, in many cases it just adds fuel to the fire that has never been and will never be extinguished.
The international community must do a better job of controlling the risks of nuclear proliferation. Sensitive parts of the nuclear fuel cycle - the production of new fuel, the processing of weapon-usable material, the disposal of spent fuel and radioactive waste - would be less vulnerable to proliferation if brought under multinational control.
The corporate State considers that private enterprise in the sphere of production is the most effective and useful instrument in the interest of the nation. In view of the fact that private organisation of production is a function of national concern, the organiser of the enterprise is responsible to the State for the direction given to production.
People acting in their own self-interest is the fuel for all the discovery, innovation, and prosperity that powers the world.
Production for sale in a market in which the object is to realize the maximum profit is the essential feature of a capitalist world-economy. In such a system production is constantly expanded as long as further production is profitable, and men constantly innovate new ways of producing things that will expand the profit margin.
By and large it is uniformly true in mathematics that there is a time lapse between a mathematical discovery and the moment when it is useful; and that this lapse of time can be anything from 30 to 100 years, in some cases even more; and that the whole system seems to function without any direction, without any reference to usefulness, and without any desire to do things which are useful.
It is hard for us to admit we have a sin nature because we live in this system of checks and balances. If we get caught, we will be punished. But that doesn't make us good people; it only makes us subdued. Just think about the Congress and Senate and even the president. The genius of the American system is not freedom; the genius of the American system is checks and balances. Nobody gets all the power. Everybody is watching everybody else. It is as if the founding fathers knew, intrinsically, that the soul of man, unwatched, is perverse.
Chance... in the accommodation peculiar to sensorimotor intelligence, plays the same role as in scientific discovery. It is only useful to the genius and its revelations remain meaningless to the unskilled.
Now that Iran has entered into production of nuclear fuel on an industrial, there will be no limit on the production of nuclear fuel in Iran.
Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer. The maxim is so perfectly self-evident that it would be absurd to attempt to prove it. But in the mercantile system the interest of the consumer is almost constantly sacrificed to that of the producer; and it seems to consider production, and not consumption, as the ultimate end and object of all industry and commerce.
The reforms proposed by the Patent Reform Act of 2007 are precisely the type of congressional action needed. The Act will remove obstacles to growth and restore balance to the patent system.
There is one bit of advice given us by the ancient Greeks, and by the Jews in the Old Testament, and by the great Christian teachers of the Middle Ages, which the modern economic system has completely disobeyed. All these people told us not to lend money at interest; and lending money at interest - what we call investment - is the basis of our whole system.
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