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This is some really good information on the “free” – “Non-Free” conversations.
Getting back to my series of posts on understanding economics when scarcity is removed from some goods, I wanted to address the ridiculousness of the “can’t compete with free” statements that people love to throw out. If we break down the statement carefully, anyone who says that is really saying that they can’t compete at all. The free part is actually meaningless — but the zero is blinding everyone.
I think if we do as the post says and get back to some basic, fundamental economics we could look at the current marketplace – then make some decisions on supply and demand. See that the price of what we’ve been offering is moving and we need to become more efficient at producing the product and maximize the areas we have the ability to make revenue.
Saying You Can’t Compete With Free Is Saying You Can’t Compete Period
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