tag:blogger.com,1999:blog-12471112.post3228251900622951080..comments2023-08-20T11:07:28.396+01:00Comments on Freeborn John: Tea leavesPeter Risdonhttp://www.blogger.com/profile/17792275403997179926noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-12471112.post-19484283897538545022009-09-03T22:47:57.651+01:002009-09-03T22:47:57.651+01:00But it isn't implicit in Tim's argument th...<i>But it isn't implicit in Tim's argument that property rights should be withdrawn if someone's creation is widely considered to be useless.</i><br /><br />I think we can say something stronger still: either the creator finds his invention useful or he doesn't. If he does, then that is sufficient for it <i>actually</i> counting as useful (that is, something like a subjective theory of value is true - what grounds an object having value is that someone values it, not how 'everyone else regards it'). If he doesn't, then there is no reason for him to continue to assert his ownership of it and therefore no problem if someone makes off with it. <br /><br />Your first response to him was very good, by the way - very Hayekian.Dan Waxmanhttps://www.blogger.com/profile/07816233230226314425noreply@blogger.com