Rising Tide Rents and Robber Baron Rents
O'Reilly on Data
APRIL 23, 2024
Why is it that Google, a company once known for its distinctive “Do no evil” guideline, is now facing the same charges of “surveillance capitalism” as Facebook, a company that never made such claims? That difference in price (and its impact on pharmaceutical company profits) shows the extent of the rent. What Is Economic Rent?
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