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Tag Archives: economics

Tablas Creek on Wine Pricing

Tablas Creek on Wine Pricing [via Derrick]

Is the Tort System Costing the United States $865 Billion a Year?

Is the Tort System Costing the United States $865 Billion a Year? - in a word: no. Now I have to take back some of the mean things I said about Posner.
The authors’ estimate of the benefits (= costs) of the average foreign tort system, when subtracted from the $865 billion “cost” of our [...]

Absolution in Your Cup

Absolution in Your Cup - The real meaning of Fair Trade coffee.  I know more about the coffee industry than I did before, that’s for sure.  And I certainly didn’t know that the term “Fair Trade” is only allowed to be labled by a single, profitable organization.

Is there an ideal level of piracy for a content industry?

Is there an ideal level of piracy for a content industry? - If you add overly restrictive DRM, you risk alienating your customers.