> In a normally working free market economy the price will go down to meet the > real cost of production, which will itself decline as the production process > is made more efficient. In the real world such things as tariffs, cartels > and intellectual property rights impede this process. Yes, but - Intellectual property rights also have real cost of productsion and production proces components. Only so many geniuses will work for food alone (or less) and only so many parents will continuw to raise geniuses to live out their lives in 3rd world mental sweat shop conditions. RM -- http://www.piclist.com#nomail Going offline? Don't AutoReply us! email listserv@mitvma.mit.edu with SET PICList DIGEST in the body