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- Q1375940 subject Q5672864.
- Q1375940 abstract "A free good is a good that is not scarce, and therefore is available without limits. A free good is available in as great a quantity as desired with zero opportunity cost to society. A good that is made available at zero price is not necessarily a free good. For example, a shop might give away its stock in its promotion, but producing these goods would still have required the use of scarce resources. Examples of free goods are ideas and works that are reproducible at zero cost, or almost zero cost. For example, if someone invents a new device, many people could copy this invention, with no danger of this "resource" running out. Other examples include computer programs and web pages.Earlier schools of economic thought proposed a third type of free good: resources that are scarce but so abundant in nature that there is enough for everyone to have as much as they want. Examples in textbooks included seawater and air.Intellectual property laws such as copyrights and patents have the effect of converting some intangible goods to scarce goods. Even though these works are free goods by definition and can be reproduced at minimal cost, the production of these works does require scarce resources, such as skilled labour. Thus these laws are used to give exclusive rights to the creators, in order to encourage resources to be appropriately allocated to these activities.Many post scarcity futurists theorize that advanced nanotechnology with the ability to turn any kind of material automatically into any other combination of equal mass will make all goods essentially free goods, since all raw materials and manufacturing time will become perfectly interchangeable.".
- Q1375940 wikiPageWikiLink Q11468.
- Q1375940 wikiPageWikiLink Q131257.
- Q1375940 wikiPageWikiLink Q15687022.
- Q1375940 wikiPageWikiLink Q185715.
- Q1375940 wikiPageWikiLink Q194980.
- Q1375940 wikiPageWikiLink Q253623.
- Q1375940 wikiPageWikiLink Q28877.
- Q1375940 wikiPageWikiLink Q2975790.
- Q1375940 wikiPageWikiLink Q3048444.
- Q1375940 wikiPageWikiLink Q3230.
- Q1375940 wikiPageWikiLink Q5672864.
- Q1375940 wikiPageWikiLink Q815758.
- Q1375940 wikiPageWikiLink Q8425.
- Q1375940 comment "A free good is a good that is not scarce, and therefore is available without limits. A free good is available in as great a quantity as desired with zero opportunity cost to society. A good that is made available at zero price is not necessarily a free good. For example, a shop might give away its stock in its promotion, but producing these goods would still have required the use of scarce resources.".
- Q1375940 label "Free good".