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November 02, 2007

More Rent Seeking in the Music Industry

Back in the 80s and 90s unions embarked on a "Buy American" campaign, distributing bumper sticker s that implored Americans to "Buy American, the next job lost may be yours." It's a blatant display of union workers' rent seeking nature.

ASCAP, the American Society of Composes, Authors and Publishers, embarks on an even more egregious (or at least ridiculous) display of rent seeking behavior in the form of "Donny Downloader." You've got to see it to appreciate the idiocy.

HT: Reason Hit and Run

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