.

And by a prudent flight and cunning save A life which valour could not, from the grave. A better buckler I can soon regain, But who can get another life again? Archilochus

Friday, May 9, 2025

Economic Intangibles: On the Seemingly 'Strategic' Lack of Economic Information in the Information Age

How Technology can remain largely beyond/ "outside" the Legal System and Law and yet through Intellectual Property (IP) Law, wholly hidden and protected beneath it.
90% of the Value of S&P 500 firms lies in their "Intangibles"
It really doesn't matter whether 10,000 people, 100,000 people, 1 million, 10 million, or more consume the product. It can quite literally be stamped out or sold across the web with very low costs of production, and in that's the sense in which I say success is sweet. The profit that you see is almost all of it, economic rent,
especially once the fixed costs and the startup costs have been recouped.

No comments: