> “I really like the fundamentals behind patent law,” I bet she does. Rent seekers usually win in policy fights, because they usually have the surplus, incent

> “I really like the fundamentals behind patent law,” I bet she does. Rent seekers usually win in policy fights, because they usually have the surplus, incentive, and narrow policy focus to put more into maintaining and expanding their rent than the counterparties who suffer. It's a huge drag on the economy and makes almost everyone's lives worse, and a select few's lives very slightly better.