Yes, I am something of a crotchety old man.
I'm sure everyone who glances at this blog reads Slate
every day because you're all pathetic and predictable. So I'm sure you read this article about "markets
" for digital music. Markets, as I learned in economics class, have the desirable quality of allocating goods in socially optimal ways (so long as you believe that a person who "has" no money doesn't "want" any food). The problem with the article is that the system the author proposes obviously has nothing to do with markets--the guy is just talking about a seller who varies his prices according to demand. That's it. No market whatsoever. I don't know how that got past the editors.
-Daddy Brooklyn 22:11 EST |