How Much Do Music and Movie Piracy Really Hurt the U.S. Economy? Kal Raustiala and Chris Sprigman, freakonomics.com (Photo: Srikr­ish­na K)Sup­port­ers of stronger intel­lec­tu­al prop­er­ty enforce­ment — such as those behind the pro­posed new Stop Online Pira­cy Act (SOPA) and Pro­tect IP Act (PIPA) bills in Con­gress — argue that online pira­cy is a huge… “Those behind the pro­posed new Stop Online Pira­cy Act (SOPA) and Pro­tect IP Act (PIPA) bills in Con­gress argue that online pira­cy is a huge prob­lem, one which costs the U.S. econ­o­my between $200 and $250 bil­lion per year, and is respon­si­ble for the loss of 750,000 Amer­i­can jobs. The good news is that the num­bers are wrong…”

How Much Do Music and Movie Piracy Really Hurt the U.S. Economy?
Kal Raustiala and Chris Sprigman, freakonomics.com

(Photo: Srikr­ish­na K)

Sup­port­ers of stronger intel­lec­tu­al prop­er­ty enforce­ment — such as those behind the pro­posed new Stop Online Pira­cy Act (SOPA) and Pro­tect IP Act (PIPA) bills in Con­gress — argue that online pira­cy is a huge…

“Those behind the pro­posed new Stop Online Pira­cy Act (SOPA) and Pro­tect IP Act (PIPA) bills in Con­gress argue that online pira­cy is a huge prob­lem, one which costs the U.S. econ­o­my between $200 and $250 bil­lion per year, and is respon­si­ble for the loss of 750,000 Amer­i­can jobs. The good news is that the num­bers are wrong…”