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I can't help thinking that this story is a fantastic example of the free market at work. Two college kids use their insight to spot a market need that the "big
by caseyross 6y ago
I can't help thinking that this story is a fantastic example of the free market at work. Two college kids use their insight to spot a market need that the "big guys" missed, and create a wonderful, useful product that becomes a smash hit.
Of course, when I say "the free market", I'm talking about the one where good ideas can be shared and copied freely --- not the one populated by sheet music landlords, whose laws were flouted every step of the way for great public benefit.
- Joker_vD 6y ago"But how is that a market if things are shared and copied freely? No, there must be property rights and strict enforcements and protection of those rights, and ideally the more property one has, the more their rights are protected: so that small and ineffective market participants can be forced out easier, that'd allow for arriving at economies of scale quicker which will improve things for everyone, yes, even for those whose property was reassigned to better owners".
- DennisP 6y agoIn fact, a lot of this music wouldn't exist if not for people freely sharing and copying ideas. The article mentions "authorship disputes that go back to the early days of jazz. Many jazz songs arise out of collective tinkering and improvising in jam sessions. It’s sometimes quite hard to say who exactly wrote a given song."