Comment by selimnairb

> Insofar as an equitable compensation / patent “value” can be determined analytically on a one-off basis, you don’t need the patent system; the government can just buy out at that price, and the same goal will have been achieved.

Exactly. Ideally we wouldn't have patents, but would have a "Star Trek" luxury space communism economy. Until then, if an invention proves to be highly beneficial to society after a few years, I would entirely support governments buying out patents early. In the end, information is a public good (non-rival, non-excludable), so let's start treating it that way.