Archive for August 20th, 2008

August 20th, 2008
Piracy isn’t immoral, even if it’s illegal. Arr!
by John B

Software, whether that’s a CD, a text file of a book, or a computer program, is a good with a marginal cost of zero. Hence basic economics tells us an individual act of software copying makes society in aggregate better off and harms nobody (because the total producer surplus plus consumer surplus is maximised when [...]


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