Osama has won (sorta), why the music biz secretly hates downloads, and how much should petrol cost?
- How bin Laden has won, hands down
Observations on the man who was arrested for carrying a rucksack and wearing a coat on the Tube. When you become the thing you fight, you have lost (Seen at Memex 1.1) - RED HERRING | Bronfman Fires Back at Apple
“Instead of spending $15 for a CD, you buy two cuts for two bucks. That’s a lot of money left on the table,” said Joe Nordgaard, managing director of Spectral Advantage, a strategic consulting firm. “The traditional model with premium pricing has been so lucrative for the music industry. When they cut the deal with Apple, they did not realize what they had done. Now they want out.”
The now-famous article where Bronfman bemoans not getting any of the iPod revenues. (Yeah, well, collect from the 8-track makers first, OK?) But this quote is more telling, and explains what’s wrong: the music biz is still making 10 tracks, but fears in future it will only sell two. And Apple’s upset that, um, applecart
- James Suroweicki of the New Yorker on the US’s petrol prices
The other, more fundamental virtue of the gas tax is that it brings the price of gasoline in line with its true cost. When all is said and done, cheap gas is an illusion, because our reliance on gas creates a whole series of costs that aren’t factored in to the pump price—among them congestion, pollution, and increased risk of accidents. The most rigorous study of these “externalities,” by the economists Ian Parry and Kenneth Small, suggests that a tax that took them into account would come to $1.01 for every gallon of gas.
Suroweicki is terrific, consistently. A few years ago I gave a talk to a US engineering firm where I suggested that if there were a Superfund surcharge to remedy the damage that burning oil does to the environment, petrol would cost $40 per gallon. Looking at New Orleans and Iraq and Antarctica, that doesn’t seem too wrong.
- These posts might be related (the database thinks..):
- What causes fires at petrol stations? It's sort of obvious (28 March 2005; score: 51.33%)
- Best and worst value on the iTunes Music Store (3 August 2004; score: 43.35%)
- Microsoft insider who hates it, Tivo hates customers, and how conscious are cockroaches? (17 September 2005; score: 43.06%)



