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LIES, DAMN LIES, ETC….Does intellectual property infringement really cost the United States 750,000 jobs and $250 billion? Where do these frequently cited estimates come from, anyway?

Julian Sanchez and Ars Technica investigated, and the answer turns out to be: (1) an offhand and completely unsupported estimate from Commerce Secretary Malcom Baldridge in 1986, and (2) an offhand and completely unsupported estimate from Forbes in 1993. For the full story on how these two figures have managed to achieve iconic status anyway, click the link.

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BEFORE YOU CLICK AWAY!

“Lying.” “Disgusting.” “Scum.” “Slime.” “Corrupt.” “Enemy of the people.” Donald Trump has always made clear what he thinks of journalists. And it’s plain now that his administration intends to do everything it can to stop journalists from reporting things they don’t like—which is most things that are true.

No one gets to tell Mother Jones what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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