On Apr 25, 2008, at 3:24 PM, Jim Devine wrote:
the main problem with seeing software as a type of capital good -- and this applies to hardware, too, though to a lesser extent -- is that software depreciates very quickly.
Hardware, yeah, but software is theoretically timeless. That aside, it's conceptually a capital good, and not an intermediate good, as the NIPAs used to classify it.
Doug _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
