tag:blogger.com,1999:blog-3758330678390419129.post5556900465798552343..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: This Artist Still Makes $300,000 Per Year From Something He Created in 1971Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-3758330678390419129.post-78444389596743257872016-04-19T09:43:32.137-04:002016-04-19T09:43:32.137-04:00By the way, I saw Don Mclean live in San Diego in ...By the way, I saw Don Mclean live in San Diego in 1988 in a small venue (The Bacchanal). It was a blast (and cheap). He was quite wasted but very entertaining. He even played American Pie, though he was a little peeved about everyone wanting to hear it.Shimshonhttps://www.blogger.com/profile/04158609487960587917noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-9107715670909782032016-04-19T09:36:21.211-04:002016-04-19T09:36:21.211-04:00@VC This is true. This is also why there has been ...@VC This is true. This is also why there has been a major shift for music groups back to live performances. Back in my youth, the live performances were almost universally cheap, even for big name acts. They were used to market the highly profitable recorded merchandise. Today, that has turned around nearly 100%. Recorded fair is nearly free (yes, you can pay quite a bit through licensed Shimshonhttps://www.blogger.com/profile/04158609487960587917noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-9243478388844957462016-04-19T03:54:02.032-04:002016-04-19T03:54:02.032-04:00Intangible property rights certainly need govt to ...Intangible property rights certainly need govt to define and enforce. The song writer can not possibly negotiate a contract with everyone who hears the song. Anonymoushttps://www.blogger.com/profile/03199938752782932205noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-91262893486228705642016-04-18T21:07:14.980-04:002016-04-18T21:07:14.980-04:00Nope, they cannot. It is thoroughly unfeasible to...Nope, they cannot. It is thoroughly unfeasible to enforce the non-disclosure agreements which would be the only NAP-compatible form of "IP" on any economically-viable scale.<br /><br />The free-market alternatives to IP are technological (DRM), competitive (convenience, quality, and timeliness guarantees for the content delivery), and alternative business strategies such as Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-8696988962828043612016-04-18T18:38:48.594-04:002016-04-18T18:38:48.594-04:00IP does not need to be State-enforced. Royalties w...IP does not need to be State-enforced. Royalties would very likely exist in a private property society, engendered through private contract and enforced by private courts.ozhttps://www.blogger.com/profile/11661124610727996563noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-82324173635695809792016-04-18T16:36:47.546-04:002016-04-18T16:36:47.546-04:00In case YOU didn't know, a "royalty"...In case YOU didn't know, a "royalty" is solely a creature of government statute, Mr. Sovereign????Man<br />It is a a rent-seeking monopoly payment scheme engendered only by the violence of the state.<br /><br />Why not just suggest that people try to get a cushy government contract for building bombs or some such non-market derived end?<br /><br />It is called Intellectual Property VChttps://www.blogger.com/profile/06777440754209904967noreply@blogger.com