Tim Worstall

It is all obvious or trivial except…

 

 

The Death of Recorded Music

October 7th, 2007 · 3 Comments

Interesting piece about the economics of CDs and touring: there’s a lot more to be said on the subject, of course.

But I will admit to a certain surprise at the surprise that’s being shown here. OK, technology changes so the way a specific product (in this case, listening to music) is delivered also changes, changing the necessary business model.

Has no one read Schumpter? This is how it’s supposed to work, isn’t it?

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