From: Brian D Williams (talon57@well.com)
Date: Thu Oct 25 2001 - 13:53:25 MDT
>From: hal@finney.org
>This follows from the basic theorems of market behavior, that
>markets optimally allocate resources and prices are driven towards
>the costs of production. And it is further supported by the
>observation that public goods (which is what information would be
>if controls on copying were impossible, as the original article
>noted) are under-produced by a market economy.
Disagree.
The costs of production are the authors value of his time and
effort, you are refering to the cost of copying this work which is
not the same thing.
The author will undoutably figure a rate he feels is fair for his
efforts and will allow price/quantity to obtain for him as close to
that optimum value as possible.
Brian
Member:
Extropy Institute, www.extropy.org
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