Brad, I've been pondering your encyclopedia note and I had a couple of questions(posted 8766 days ago)you wrote:
>If it is worth an average of $500 per households (as it may well be) then we all are >now $40 billion richer--that is one-half of one percent of a year's GDP.
After I read this I was doing my periodic checking of the lbotalk archives and I noticed you saying over there that exploitation of the third world accounts for less than 2% of US GDP. I agree with the point you were making which is, correct me if I'm wrong, that saying much of american wealth depends on exploitation of the third world is simply incorrect.
So I'm wondering, if 2% is insignificant in that context, why is one-half of one percent significant when you're talking about free encyclopedias? Are you trying to wish away our balance of payments deficit? :)
Also, how do you gauge how many households want britannica even for free? Is it still worth $500 if you don't want it?