Ayn Rand Hero: Dale Halling – How Inventors Built the Modern Economy

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This episode of Becoming An Ayn Rand Hero is a conversation with auther and patent attorney Dale Hallings.  In this conversation, Mark and Dale discuss the importance of property rights – especially patents – and the crucial role that ‘inventors’ play in our economy.

We also discuss the relationship between the real-world economics involved in business and the philosophical theory of Ayn Rand – focused especially on Ethics and Aesthetics – how Inventors and Artist both use their creativity in powerful ways: one in ‘objective results’ and the other in ‘subjective experiences’ (and the combinations that can be made when they overlap).

Dale Halling is an author of both non-fiction economics books and fictional political thrillers.  He is a patent attorney with his own law form, which is located in the Colorado Springs Technology Incubator.  Since starting his own firm in 1995, he has worked closely with many start-up companies, particularly high technology start-ups.

You can check out his non-fiction books here:

• The Source of Economic Growth
• The Decline and Fall of the American Entrepreneur

and his fiction books are here:

• Pendulum of Justice
• Trails of Inustice

and read his articles on The Savvy Street & Dale’s Blog, State of Innovation.

One topic we discuss in depth is the two distinct ways we protect ‘property rights’ of creators.

One is through patents (for inventions) and the other is copyrights (for art).

In his book Sources of Economic Growth, Halling argues that inventors and inventions are the ‘source of all real per capita increases in wealth’.  Property rights in the form of patents are pivotal in helping increase the number of useful inventions to help groups of people escape the Malthusian Trap of agricultural societies.

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