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The Economics of File Sharing

Posted by michael on from the buy-one-get-one-free dept.

Howzer writes "A great Salon article popped up today, and it appears Stan Liebowitz at the Cato Institute is having second thoughts about his paper that was published on May 15. It seems the facts simply don't support his earlier assertion (& the well-known position of all the major recording labels) that downloading hurts music sales. It's good to see this argued from another angle, especially by a guy like Liebowitz."

3 of 319 comments (clear)

  1. Wow, common sense! by PhxBlue · · Score: 3, Funny

    ". . .That's the beauty of the market. That's why it can't get too far afield. If they get every consumer mad at them, they'll be in big trouble."

    Are you listening, RIAA? Either the mainstream is starting to realize just how full of it you really are, or this guy didn't get his payola check for the month.

    --
    !#@%*)anks for hanging up the phone, dear.
  2. Don't be so sure.... by Procrasturbator · · Score: 2, Funny

    Now that I've downloaded the entire soundtrack to Glitter, I won't buy the CD! Ha!

    1. Re:Don't be so sure.... by Anonymous Coward · · Score: 1, Funny

      Now that I've downloaded the entire soundtrack to Glitter, I won't buy the CD! Ha!

      I don't think anyone will buy that CD, but I doubt piracy is the real reason.