Reading Notes on Dasgupta, "Economics: A Very Short Introduction": Science and technology as institutions
Discussion Questions:
Given that knowledge is non-rival--if I teach it to you, I don't have any less of it than I did before--what justification could there possibly be for charging people for access to knowledge and its uses?
If people weren't allowed to charge others for access to knowledge and its uses, would there be any reason to think that society would be putting a properly-large share of our resources into creating and disseminating knowledge?
Why can contests and the rule of priority be good ways to spur the creation and dissemination of knowledge?
How well do contests and the rule of priority fit with a private-property market economy?
Given that knowledge is non-rival--if I teach it to you, I don't have any less of it than I did before--what justification could there possibly be for charging people for access to knowledge and its uses?
If people weren't allowed to charge others for access to knowledge and its uses, would there be any reason to think that society would be putting a properly-large share of our resources into creating and disseminating knowledge?
Why can contests and the rule of priority be good ways to spur the creation and dissemination of knowledge?
How well do contests and the rule of priority fit with a private-property market economy?
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