Rising Tide Rents and Robber Baron Rents
O'Reilly on Data
APRIL 23, 2024
The answer can be found in the theory of economic rents, and in particular, in the kinds of rents that are collected by companies during different stages of the technology business cycle. But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. What Is Economic Rent? They start to collect robber baron rents.
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