3 ms·
This is a rosy view of standards that ignores how often they are perverted for rent seeking.
by wmf 2y ago
This is a rosy view of standards that ignores how often they are perverted for rent seeking.
- benfortuna 2y agoRegardless of the implementation challenges, the theory is sound and that is the point of the article I believe.
- Ey7NFZ3P0nzAe 2y agoI don't understand what rent has to do with standards, care to explain?
- wmf 2y agohttps://en.wikipedia.org/wiki/Rent-seeking https://en.wikipedia.org/wiki/Rent-seeking It's sadly common for standards to be patented with very high license fees.