Remarkably, my classes have crossed over. Finally!!! I’m in 3 econ classes right now so it’s a pretty rare occasion (i.e. this is the only time it’s happened. Ever. I’m nothing short of amazed.) We talked in class about what media executives’ biggest worries should be right now – the falling cost of producing and distributing digital media (e.g. YouTube) or piracy. According to Hal Varian, who Wikipedia calls “a central academic in the economics of information technology and the information economy,” piracy is not nearly as big of a problem for media execs as cheaper technology.