Interesting Links for 25-1-2011

[andrewducker]

• Coalition, Government and the Lords
  (tags: government uk)
• Bullied by Gays- A catalog of pupils driven to suicide by gay bullies
  (tags: lgbt suicide satire)
• Five Emotions Invented By The Internet. I have experienced all five of these.
  (tags: internet psychology emotions funny)
• The downward spiral of ownership and value (It's happened to music, it's happening to books.)
  (tags: books copyright ebooks)
• Wolfenstein 1-D: The Game That Changed Everything, Converted to a 1-Pixel Line
  (tags: videogames wolfenstein funny)
• The economics of Net Neutrality
  (tags: internet economics markets)
• Why the Cornish hotel ruling should worry conservative Christians - digs into the details of the actual ruling.
  (tags: christianity homosexuality law religion sex society)
• Genetically modified crops are the key to human survival, says UK's chief scientist
  (tags: environment gm food)
• BBC to cut online budget by 25% - close 180 websites.
  (tags: bbc online)
• Why Africa needs an agricultural revolution
  (tags: africa agriculture technology poverty government)
• Government scraps Labour plans to scrap the Common Travel Area between UK, Ireland and Isle of Man.
  (tags: government uk travel)

Comments

[danieldwilliam.livejournal.com]

Classical economics would suggest that as the price falls supply falls until a new equilibrium is reached where supply equals (paying) demand. If piracy and discounting continue as implied and drive the price of new fiction down there must come a point where the price is so low that authors stop producing new works.*

I wonder what then happens to the price of new works and how the structures of supply might change. For example might authors might become paid employees of Amazon, hired to produce new works for Amazon to stream to its customers

Are there suffient works already in existence that new fiction is almost unnessary? When I draw up my list of books that I would like to read this year many of them are avaible on Kindle etc for free. I could fill a lifetime of reading with free books.


*This wouldn’t be all authors all the time. Some might authors might want the aclaim or to satisfy their own need to write. Some might be independently wealthy or retired with a pension.