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There is plenty of supply of $POPULAR_ARTIST music too, or copies of Microsoft Office. That's the point I was trying to make. Only scarcity determines the value
by Aaargh20318 10y ago
There is plenty of supply of $POPULAR_ARTIST music too, or copies of Microsoft Office. That's the point I was trying to make. Only scarcity determines the value, not 'what it allows you to do' (not die).
The only reason they are selling the CD's for too much money is because there is no competition due to a government-granted temporary monopoly. The scarcity on that market it completely artificial.