Cultural expectations that internet content (and historically Red Cross doughnuts) 'should be free' cause people to forgo transactions whose value to them exceeds the price—an economically irrational behavior driven by a sense of entitlement and the psychological difficulty of paying for something previously obtained for nothing.

causalpending

Speaker

Russ Roberts

Evidence Quote

why is it that we want stuff to be free on the internet to such an extent that will actually harm ourselves

Source

Mike Munger on Love, Money, Profits, and Non-profits 04/19/2010EconTalk
Created: 6/17/2026, 10:31:45 AM

My Notes

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