Re: Re:: Artificial economic inefficiency

2003-01-19 Thread Bill Lear
On Saturday, January 18, 2003 at 20:08:43 (-0800) Eugene Coyle writes: I think IBM was actually forced to stop the tie-in of the punch cards, but my memory is hazy. There is a book about it, titled Big Blue or something like that -- pretty good book, but it has been a long while since I looked

Re: Re: Artificial economic inefficiency

2003-01-19 Thread Bill Lear
On Saturday, January 18, 2003 at 20:29:47 (-0800) Michael Perelman writes: This article affirms the sort of dual pricing system that I mentioned. Competition on the printers keeps prices down, while IP rights keep cartridges expensive. It's interesting. Competition has focused on a certain

Re: RE: Re: RE: Re: Re: Artificial economic inefficiency

2003-01-18 Thread Michael Perelman
IBM was accused of requiring its customers of buying its punch cards -- which were the way of entering data into a computer a generation ago. Monsanto requires people who purchase its seeds to use its herbicide, Roundup, which we discussed last week. Why is that not a tie-in? Maybe because the

Re: Re:: Artificial economic inefficiency

2003-01-18 Thread Eugene Coyle
I think IBM was actually forced to stop the tie-in of the punch cards, but my memory is hazy. There is a book about it, titled Big Blue or something like that -- pretty good book, but it has been a long while since I looked at it. Aircraft engines -- the big jet engines -- are frequently

Re: Re: Re:: Artificial economic inefficiency

2003-01-18 Thread Michael Perelman
Yes they were. DeLamarter, Richard Thomas. 1986. Big Blue: IBM's Use and Abuse of Power (NY: Dodd, Mead). On Sat, Jan 18, 2003 at 08:08:43PM -0800, Eugene Coyle wrote: I think IBM was actually forced to stop the tie-in of the punch cards, but my memory is hazy. There is a book about it,

Re: Artificial economic inefficiency

2003-01-18 Thread Michael Perelman
This article affirms the sort of dual pricing system that I mentioned. Competition on the printers keeps prices down, while IP rights keep cartridges expensive. On Thu, Jan 16, 2003 at 09:04:47PM -0600, Bill Lear wrote: I'm curious what the technical name for this sort of barrier to economic

Re: Artificial economic inefficiency

2003-01-17 Thread Michael Perelman
I thought Bill Lear's question yesterday was very interesting. Given his background, I'm surprised he did not relate his question to software. For example, Microsoft makes it difficult to run its programs on Linux. On Thu, Jan 16, 2003 at 09:04:47PM -0600, Bill Lear wrote: I'm curious what the

Re: Re: Artificial economic inefficiency

2003-01-17 Thread Bill Lear
On Friday, January 17, 2003 at 09:55:04 (-0800) Michael Perelman writes: I thought Bill Lear's question yesterday was very interesting. Given his background, I'm surprised he did not relate his question to software. For example, Microsoft makes it difficult to run its programs on Linux. With

Re: Artificial economic inefficiency

2003-01-17 Thread Tom Walker
The technical name for it is fraud. The problem with using the technical name, though, is that when the state overtly sanctions a fraudulent transaction, calling that transaction by its proper name may sound like hyperbole. The fraud consists of representing as a sale what is in effect a rental.

Re: Re: Re: Artificial economic inefficiency

2003-01-17 Thread Louis Proyect
Bill Lear wrote: On Friday, January 17, 2003 at 09:55:04 (-0800) Michael Perelman writes: I thought Bill Lear's question yesterday was very interesting. Given his background, I'm surprised he did not relate his question to software. For example, Microsoft makes it difficult to run its

RE: Re: Re: Artificial economic inefficiency

2003-01-17 Thread Devine, James
Title: RE: [PEN-L:33943] Re: Re: Artificial economic inefficiency I don't remember, but wasn't IBM once (i.e., back in the 1960s) accused of illegal tie-ins that restrained trade? (so the key word is tie-in?) Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu

Re: Re: Re: Artificial economic inefficiency

2003-01-17 Thread Michael Perelman
The technical name is the Lear effect. On Fri, Jan 17, 2003 at 02:15:15PM -0600, Bill Lear wrote: On Friday, January 17, 2003 at 09:55:04 (-0800) Michael Perelman writes: I thought Bill Lear's question yesterday was very interesting. Given his background, I'm surprised he did not relate his

Re: RE: Re: Re: Artificial economic inefficiency

2003-01-17 Thread Michael Perelman
-in?) Jim Devine [EMAIL PROTECTED] http://bellarmine.lmu.edu/~jdevine -Original Message- From: Bill Lear [mailto:[EMAIL PROTECTED]] Sent: Friday, January 17, 2003 12:15 PM To: [EMAIL PROTECTED] Subject: [PEN-L:33943] Re: Re: Artificial economic inefficiency

Re: Re: Artificial economic inefficiency

2003-01-17 Thread Bill Lear
On Friday, January 17, 2003 at 13:15:17 (-0800) Michael Perelman writes: The technical name is the Lear effect. I like that. Can I copyright the phrase and gather royalties? I think 2 cents per usage should cover it... Bill

RE: Re: RE: Re: Re: Artificial economic inefficiency

2003-01-17 Thread Devine, James
Title: RE: [PEN-L:33948] Re: RE: Re: Re: Artificial economic inefficiency all I know is that back in the early 1970s, I was talking to the information technology folks at work (at the Chicago Fed) and they told me that IBM had been accused of anti-trust violation because they'd set up one

Artificial economic inefficiency

2003-01-16 Thread Bill Lear
I'm curious what the technical name for this sort of barrier to economic efficiency is. Has anyone ever cataloged this sort of thing? I'd be very interested if so ... Bill Printer industry seeks to keep lock on cartridge profit By Dawn C. Chmielewski Mercury News Your printer and ink