The Economics of File Sharing 342
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."
Wow, common sense! (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.
Don't be so sure.... (Score:2, Funny)
Re:Don't be so sure.... (Score:1, Funny)
I don't think anyone will buy that CD, but I doubt piracy is the real reason.