Page By Category
Forum - Ebooks come from "thin air," like fiat money.
Tags: Austrian Economics [ Add Tags ]
| [ Return to General Discussion | Reply to Topic ] |
| advancedatheist | Posted: Dec 29, 2010 - 19:57 |
| ||||
 Level: 3 CS Original | I bought a Nook a couple months back, and I've helped myself to many reasonably priced ebooks since then. Because companies like Barnes & Noble, Amazon, Google's new ebookstore and other ebook vendors have no material constraints on selling and downloading ebooks - ebooks don't require chopping down forests for paper, don't need physical shipping and handling, and the vendors cannot run out of stock - they can create ebooks ad infinitum out of "thin air." Why hasn't this resulted in the hyperinflation of the ebooks' supply, and a collapse in ebook prices to zero? Instead they continue to sell for $10 - $12 per download, on average. | |||||
| #1 | [ Top | Reply to Topic ] | |||||
| domokato | Posted: Dec 30, 2010 - 16:30 |
| ||||
Level: 4 CS Original | Gotta monetize it somehow, otherwise authors would never get paid. | |||||
| #2 | [ Top | Reply to Topic ] | |||||
| advancedatheist | Posted: Dec 30, 2010 - 17:53 |
| ||||
Level: 3 CS Original | A country which issues its own currency cannot literally run of out of money, any more than Amazon can run out of ebooks. Yet we hear all this propaganda from the right about America's alleged "bankruptcy." | |||||
| #3 | [ Top | Reply to Topic ] | |||||
| Kepp | Posted: Dec 30, 2010 - 17:57 |
| ||||
 Level: 5 CS Original | "A country which issues its own currency cannot literally run of out of money, any more than Amazon can run out of ebooks." So stolen. | |||||
| #4 | [ Top | Reply to Topic ] | |||||
| domokato | Posted: Dec 30, 2010 - 18:12 |
| ||||
Level: 4 CS Original | Who said anything about running out of anything? | |||||
| #5 | [ Top | Reply to Topic ] | |||||