“While there are certainly informational spillovers as ideas move from person to person, it is hard to see why in most instances they are not priced. Although it is possible to imagine examples such as the wheelbarrow where an idea cannot be used without revealing the secret, relatively few ideas are of this type. For copyrightable creations such as books, music, plays, movies and art, unpriced spillovers obviously play little role. A book, a CD or a work of art must be purchased before it can be used, and the creator is free to make use of his creation in the privacy of his home without revealing the secret to the public at large. Similarly with movies or plays. In all cases, the creation must effectively be purchased before the “secret” is revealed.”
―
Against Intellectual Monopoly
Share this quote:
Friends Who Liked This Quote
To see what your friends thought of this quote, please sign up!
2 likes
All Members Who Liked This Quote
This Quote Is From
Browse By Tag
- love (101292)
- life (79267)
- inspirational (75778)
- humor (44312)
- philosophy (30943)
- inspirational-quotes (28862)
- god (26855)
- truth (24727)
- wisdom (24603)
- romance (24334)
- poetry (23267)
- life-lessons (22577)
- quotes (20948)
- travel (20891)
- death (20525)
- happiness (18947)
- hope (18519)
- faith (18372)
- inspiration (17289)
- spirituality (15691)
- relationships (15500)
- religion (15369)
- life-quotes (15277)
- motivational (15273)
- love-quotes (15123)
- writing (14932)
- success (14178)
- motivation (13128)
- time (12850)
- motivational-quotes (12131)


