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“Michel Chevalier’s Forgotten Case against the Patent System”

Abstract: Although Michel Chevalier was an influential economist during the second half of the nineteenth century, and is well-known as an architect of the Cobden-Chevalier Treaty, his work in economics has been largely forgotten. In particular, Chevalier is notable for being one of the only French liberals opposed to patents. Unfortunately, his original and compelling critique of the patent system has been neglected. This paper rediscovers Chevalier’s arguments against patents, shows why they are still relevant today, and explains why they have been mostly ignored by historians of economic thought.

Keywords: Michel Chevalier, French liberal school, intellectual property, patents, innovation, Austrian school

JEL Codes: B12, O30, O31

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July 31, 2015, By Stephan Kinsella (Editor) Filed Under: Libertarian Papers, Volume 7 (2015)

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