Tag: market failure

24 Dec 2007

Via DeLong: Perhaps the Best Argument for the Destruction of the Music Companies Ever Made

Perhaps the Best Argument for the Destruction of the Music Companies Ever Made

DymaxionWorldJohn
Cogitamus: The Music Industry’s talking points: “Hey, we’re obsolete.”: via Matt, the RIAA gives consumers holiday advice:
Watch for Compilations that are “Too Good to Be True”: Many pirates make “dream compilation” CDs, comprised of songs by numerous artists on different record labels [...]

23 Dec 2007

Market Clearing Price of Sex Is? Or Why the Sex Shortage?

Amusing and serious at the same time. I’m sure there is something evolutionary biology can tell us here too. The next question is, of course, if this is a market failure, what is the role of government in redistributing sex? Robin writes:

In this generous season, consider the greatest gift we regularly and personally give (even [...]