Strange Economics at TechCrunch

A post by Michael Arrington on TechCruch today makes a rather odd argument to support the otherwise plausible conclusion that we are inevitably headed for free distribution of downloaded music. Arrington argues:

A post by Michael Arrington on TechCruch today makes a rather odd argument to support the otherwise plausible conclusion that we are inevitably headed for free distribution of downloaded music. Arrington argues: “Like software, it doesn’t cost anything to produce another digital copy that is just as good as the original as soon as the first copy exists, and anyone can create those copies. Unless effective legal (copyright), technical (DRM) or other artificial impediments to production can be created, simple economic theory dictates that the price of music, like its marginal cost, must also fall to zero.”

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