Go Wet, Young Man, by Tyler Cowen - Bloomberg View
It is sometimes forgotten there is a good deal of de facto seasteading today, in the form of cruise ships. They sail in international waters, are owned by private corporations and the law on board is generated by contract and governed by private arbitration. Plenty of cruise lines and ships compete for business in a relatively unregulated environment, with global business approaching $40 billion a year, in the range of the gross domestic product of countries such as Ghana, Serbia or Turkmenistan.
One lesson of current seasteading is that it is not much of a vehicle for political liberty. (…)
The second and more important lesson is that some of the elderly have started living on cruise ships full-time. A good assisted-living facility might cost $80,000 a year in the U.S., more than many year-long cruises. (Cruising could also be cheaper than living in an expensive neighborhood.)