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Beware Copyright Statistics

Dean Baker is unimpressed by studies showing vast losses to the US economy from piracy of intellectual property. He picks on a Washington Post article by Frank Ahrens, which quotes a study concluding that "intellectual property piracy -- theft of music, movies, video games and software -- costs the U.S. economy $58 billion per year and 350,000 lost jobs in the entertainment industry and its supplying industries."

Baker doesn't like the economics:

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