Comment of the Week, 04-09-03
The signal-to-noise ratio in our comments continues to be very high. See the Economics of Hydrogen thread and the imperfect markets thread, for example. But I give the comment of the week award this week to Robert Musil. A brief excerpt:
Disney’s continuing “creation” of Mickey Mouse would likely end if Mickey image became common property. Calling such efforts “marketing” or”maintenance” of an existing work rather than “creation” of a new one is a legal fiction – but an economic error.
To continue the discussion, go to the original thread.