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> It also has a number of practical issues: someone could happily snarf down zillion-dollar blockbuster movies, yet dedicate all their taxes to some indie music
by cabalamat 16y ago
> It also has a number of practical issues: someone could happily snarf down zillion-dollar blockbuster movies, yet dedicate all their taxes to some indie musician they like.
If a person thinks the level of production of zillion-dollar movies is OK, but that there should be more indie musicians, that would be a sensible thing for them to do. If lots of people think like that, then the sorts of information goods they like will become better-funded, and information goods that few people like will become less well funded, which is surely a feature rather than a bug.
The purpose of an economy is to make things people want; I believe my solution achieves that. Of course, I don't think it's the only way information goods will be funded, or necessarily even the largest one. I think the Coasian solution -- where people group together to commission a work -- is attractive, and will become increasingly important as the internet reduces transaction costs.