Quote:
Originally Posted by kovidgoyal
If you think that business is carried out with a complete lack of morality (or to borrow Harmon's phrasing) ethics, then you are sadly mistaken. If that were the case, the transaction costs of doing any business whatsoever would be so high as to make business impossible. It would mean that you would have to cross check every statement anyone ever makes to you in the course of a commercial transaction.
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No, the transaction costs aren't so high *because* it would make business impossible, and they are limited by competition. I'm sure that if the unethical person that resells PD books wouldn't have competition from the free sources, he would have charged more, the same way that publishers have done for decades.