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Friday, November 07, 2003
Property Rights Day, Part 3
the FTC issues a restraining order against a messenger service spammer, calling their practice of continual bombardment with ads for a pop-up blocker 'extortion'.
Blah, blah, blah - the problem is that enforcement costs are too high: the FTC can't take action against every firm that does this, or every leap forward in the technological arms race that allows new versions of it.
What's necessary are systems based on new kinds of incentives - the way that property rights are structured in this system, the incentive for spammers is, well, to spam.
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