At 01:55 PM 3/21/98 -0800, Michael wrote:
The idea of a zero marginal cost of information [in the sense that once
produced it costs little to reproduce] is an old one. Marx discussed the
discovery of the binomial theorem, which once discussed cost nothing to
reuse.
In an earlier book, I
Michael Perelman wrote:
Books cost virtually nothing to produce. We even send the publishers disks
that eliminate the cost of typesetting, yet prices skyrocket.
Publishing isn't a high-profit industry though, except maybe high-end
sci/tech and financial publishing. Trade publishers earn less
The idea of a zero marginal cost of information [in the sense that once
produced it costs little to reproduce] is an old one. Marx discussed the
discovery of the binomial theorem, which once discussed cost nothing to reuse.
In an earlier book, I emphasized the point that many manufactured goods
