I don't think gizmo686 had fully fleshed out their argument. Digital goods do seem to be doing some wonky things that our previous models don't handle well. Th

I don't think gizmo686 had fully fleshed out their argument. Digital goods do seem to be doing some wonky things that our previous models don't handle well. There is a combination of near zero marginal costs, near instantaneous global distribution, and near zero transaction costs. Before the internet, books and movies did not have those three properties.