The “patent troll” narrative — fueled by anecdotal tales of mom-and-pop operations snared by fraudulent patent suits and the image of ugly green trolls paraded from the House floor to the White House – became the conventional wisdom on patents almost overnight. As readers of IPWatchdog know well, the only “data” offered to support the narrative were compiled from surveys with unscientific methodologies (IPWatchdog).

The No. 2 official at the Federal Reserve said Thursday that the strong dollar and global economic weakness have been a drag on growth, but the U.S. economy has been weathering the shocks reasonably well (Associated Press).