1. Arnold Kling examines "Health Reform's Intellectual Failures."

2. My colleague Sarah Estelle and I are leading a Memphis Connection excursion to the Memphis Rock & Soul Museum in about twenty minutes. To this end, here are some resources on intellectual property and intellectual monopoly: video of Stephan Kinsella's lecture at the 2008 Austrian Scholars' Conference and the full text of Michele Boldrin and David K. Levine's Against Intellectual Monopoly. I tend to agree that a lot of intellectual property law exists to create rents for monopolists rather than to incentivize innovation, but it's a difficult issue.

3. We're richer.