A universal law of economics says the moment something becomes free and ubiquitous, its position in the economic equation suddenly inverts. When nighttime electrical lighting was new and scarce, it was the poor who burned common candles. Later, when electricity became easily accessible and practically free, our preference flipped and candles at dinner became a sign of luxury. In the industrial age, exact copies became more valuable than a handmade original. No one wants the inventor’s clunky “original” prototype refrigerator. Most people want a perfect working clone. The more common the clone,
...more
