Patent hoarder Nathan Myhrvold is at it again, repeating his usual schtick that the patent system is just fine. Myhrvold, who's hardly an unbiased source on the matter says everything's okay simply because there aren't very many patent lawsuits -- a complete red herring. The issue isn't the number of lawsuits generated, though there are plenty of wasteful, drawn out ones, it's that the current system doesn't award or encourage innovation. He also says "there isn't any hard data to support" the idea that patent trolls are a problem. Maybe he just doesn't like being called a troll. Fair enough: patent-hoarding hobbits like Myhrvold are a problem.
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