TitaniumTeddyBear

Words so strong they have splash damage.

Browsing Posts in Economics

Pirates also get those sweet beards

I am now, officially, entirely in favour of the piracy of intangibles (i.e. movies, computer games, music and especially books).

This was a long time coming but what clinched it for me was when the local game suppliers announced that they were going to crank up the price of console games to R1000 each ($142)! Luckily there was a massive outcry so they back peddled and declared that the games will continue to be sold at the “reasonable” price of R800 (over $100) each.

And so I wondered: why is it that a top-of-the-line PC game only costs R400 ($50), and the exact same game for a console costs twice as much?

To find the answer one merely has to ask: what would happen if they started charging R800 for a PC game? The answer is of course that NO ONE WOULD BUY THEM. They would just pirate them, so the industry has to keep prices reasonable. Console games are a lot more difficult to pirate so they can charge whatever they want.

Piracy is keeping PC games cheap.
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And this is their automobobobile

Hello friends.

For ages now I’ve been saying that the gap between rich and poor in the US is widening, and that the financial prosperity that the country claims to have is mostly possessed by the wealthy.

In short: I’ve been arguing that when things are bad the poor pay for it, and when things are good only the rich benefit.

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[This article originally posted in February 2009]

I just know it's bad! Real bad! Like France.

This quote comes from Factcheck.org:
“Obama said the high cost of health care causes a bankruptcy in America every 30 seconds. That’s at least double the true figure.”

Now, I won’t say a word against Factcheck, as far as I can tell they are the only unbiased website on the Internet. It is the content of the quote itself that worries me. Because if Factcheck is right (and they always are) then that means that the cost of healthcare bankrupts someone every minute or so!

Shit, let’s be generous: let’s say every two minutes.

/me thinks about it.

Holy crap! That’s fucking horrible! This is a catastrophe! Rome is burning! :(

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