Over the last year, market-wide uncertainty has swelled to levels not seen for over a decade. Market fluctuations now have investors increasingly searching for non-correlated returns across all asset classes in an effort to diversify away the risk brought on by this volatile market. Should investors turn to precious metals? Real estate? Emerging markets? There […]
Research
Patent Value, Uncertainty, and the Debate about Patent Quality
When I was the Chief Economist at the U.S. Patent and Trademark Office (USPTO), I sometimes encountered people who were surprised to know that I existed. Well, not me as an individual, but the role of Chief Economist. Why does the USPTO have economists? Now, many of these individuals were Congressional staffer-types on their fourth […]