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    A new economic system for the information era

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    The current copyright and intelectual property system is bankrupt because, at its core, lies a false assumption: that information can be made scarce, the way a material object can be made scarce. Hence, traditional economics do not apply to information-based products. We need to find an alternative economic system that rewards producers, without hurting information's most admirable quality: its free reproduction.

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    Description

    Title : A new economic system for the information era
    Author(s) : Jose Luis Malaquias
    Abstract : The current copyright and intelectual property system is bankrupt because, at its core, lies a false assumption: that information can be made scarce, the way a material object can be made scarce. Hence, traditional economics do not apply to information-based products. We need to find an alternative economic system that rewards producers, without hurting information's most admirable quality: its free reproduction.
    Keywords : Intelectual Property; copyright; information

    Subject : A new economic system for the information era
    Area : Economics
    Language : English
    Year : 2011

    Affiliations Independent researcher
    Attribution Non-Commercial No Derivatives

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