More on Prices as Property

20 September 2007 at 8:50 am 1 comment

| Peter Klein |

We discussed earlier the status of price information as intellectual property. (We were skeptical.) Now we learn from Michael Perelman that Harvard’s Coop (bookstore) is ejecting students who take “a lot of notes” about book prices, on the grounds that the Coop “owns” the prices. Ouch.

I’m pondering the Hayekian implications. Will the Coop also claim that it owns the knowledge embodied in those prices?

Update: See also the links provided by Tim Swanson here.

Entry filed under: - Klein -, Classical Liberalism, Institutions.

Private Disupte Resolution More on Tacit Knowledge

1 Comment Add your own

  • 1. ad  |  20 September 2007 at 12:50 pm

    If they put so much effort into hiding their prices, I can only assume that is because they are high.

    I also assume that the average Harvard student is bright enough to figure this out.

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