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Source link: http://archive.mises.org/20006/mises-daily-tuesday-december-20-2011/

Mises Daily: Tuesday, December 20, 2011

December 20, 2011 by

“Postmarket Effects of Intellectual Monopoly” by Per Bylund

A downloadable Lady Gaga album generally sells for as much as a downloadable Warrant or Skid Row album. Why? Because digital-music pricing is standardized and immune to market demand, just as store prices were in the Soviet Union. And the reason is that there is only one supplier through a forced monopoly.

“Roman Law: From Laissez-Faire to Statism” by Murray N. Rothbard

Private-property rights and laissez-faire were the fundamental heritage of the Roman law to later centuries.

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