Quote:
Originally Posted by Alisa
Paper books are not "by nature" scarce. In fact they're often over produced. The reason they may be scarce at the library is that the "free" library book is actually paid for by tax dollars which are scarce. They can't buy enough copies to give everyone access on demand. There are usually way more copies in existence that the library could have if they had the money for it.
Library ebooks are "scarce" based on how many simultaneous checkouts the library has authorized. So yes it is artificially created. If libraries could offer unlimited downloads for "free" then ebook publishers would either raise the prices astronomically or not release the ebooks.
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He meant scarce as in a finite supply, or "if I have this copy, then you don't". neither of which apply to digital media such as mp3 or ebooks..