Should English spelling be standardized?

I noticed a Midwestern US jelly use the word programme recently, and I’ve seen some stray letter u’s make their way into my own spelling of late. (In my own defense, my best friend lives in Wales, and I chat online with her daily. I see all those u’s a lot.)

The French are masters at regulating their language. Would it be worthwhile for English to have perhaps something called the International English Language Institute to settle on spelling and grammar and punctuation rules?

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