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by justsomeguy123 1443 days ago
But you don't "own" that. You get a temporary rent. The problem is society (and tech) moves so fast it feels like the rent is too long.

The idea to incentivize public sharing of knowledge for a short term rent is not so stupid.

1 comments

In economics there is a concept called "search costs." And those costs need to be compensated if you want to encourage searching. But, of course, as you said, such compensation should not be in perpetuity. A patent, in this sense, is infinitely more reasonable than a land title as currently conceived.
Henry George would agree :p