Excellent questions, Ken.
Ken Hanly wrote:
>
> 2) Why is the sector involving intellectually protected sector
> differentiated? When the protection runs out are the commodities
> undifferentiated as the now competing types of glysophate? They are
> differentiated only because they are prote
"organic" such?
Cheers, Ken Hanly
- Original Message -
From: "Max Sawicky" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Thursday, December 27, 2001 12:15 PM
Subject: [PEN-L:20968] RE: Re: Re: RE: Farm "subsidy" data base
> That's a useful dis
I'm looking forward to your book.
Gene
Michael Perelman wrote:
> Gene, I have been pushing the idea that the economy breaks into two
> different sectors. 1 consists of the undifferentiated commodities, and
> the other, those sectors protected by intellectual property rights. The
> former will
That's a useful distinction, but I would say it is the
commodity sector that 'works' as far as markets
go, and the other one that doesn't. The stability
of the intellectual-prop sector preserves its
inefficiency and unfairness. Market functionality
travels over the dead bodies of failed supplier
Gene, I have been pushing the idea that the economy breaks into two
different sectors. 1 consists of the undifferentiated commodities, and
the other, those sectors protected by intellectual property rights. The
former will remain in trouble while the latter will prosper as long as it
is backed b
