Showing posts with label consumer price index. Show all posts
Showing posts with label consumer price index. Show all posts

07 February 2007

Give The RIAA Enough Network Cabling...

...and it will hang itself.

One of the under-appreciated benefits of a medium like Web publishing that has practically no barriers to entry is that anybody can post anything - and does. These might be veritable gems - or utter, own-foot-shooting howlers that in some respect are even more precious than said jewels.

For example:

Between 1983 and 1996, the average price of a CD fell by more than 40%. Over this same period of time, consumer prices (measured by the Consumer Price Index, or CPI) rose nearly 60%. If CD prices had risen at the same rate as consumer prices over this period, the average retail price of a CD in 1996 would have been $33.86 instead of $12.75.

Only the RIAA.