Property Rights

Property Rights - ECO 201 Journal Property Rights Related...

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ECO – 201 Journal Property Rights – Related to illegally downloading Music online When Napster first emerged on the internet, it did not gain popularity until 1999. When the internet music-downloading era began, I was twelve years old and attending sixth grade at the beginning of the era. Ironically, it is bigger now than it was when it first started. You may have heard of Napster, Kazaa, and iTunes those are the most commonly known. However, today the most popular site in my opinion to download music is Lime wire. When downloading music though online website one should realize that it is not only hurting the artist and the record companies the economy suffers as well. Property rights refer to the right individuals or firms have to the exclusive use of their property, including the right to buy or sell it. Property can be tangible, physical property, such as a store or factory. Property can also be intangible (Hubbard & O’Brien, 2006, p. 51). The property right that I am referring to is an artist’s idea of writing his music. Because, if students like myself keep
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Property Rights - ECO 201 Journal Property Rights Related...

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