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Why should we stop online piracy? - opinion - 19 January 2012 - New Scientist
'There's no evidence that the US is currently suffering from an excessive amount of online piracy, and there is ample reason to believe that a non-zero level of copyright infringement is socially beneficial. Online piracy is like fouling in basketball. You want to penalise it to prevent it from getting out of control, but any effort to actually eliminate it would be a cure much worse than the disease.' Good description of 'dead weight loss' and the consumer pressure on the industry that illegal competition poses
piracy  new-scientist  slate  sopa  filesharing  dead-weight-loss  economics  music  movies 
january 2012 by jm

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