As the cost of production goes down, the diversity of what is viable to publish goes up super-linearly.
- As the cost of production goes down, the diversity of what is viable to publish goes up super-linearly.
- Before the printing press only the very most important books are ever copied.
- The only books that cleared that threshold were the Bible, and every so often a few classics from antiquities.
- Nothing else cleared that floor.
- The printing press lowered the Coasian floor by making it orders of magnitude cheaper to produce books.
- A linear decrease in friction makes more of the power law above the viability waterline.
- The power-law has a curved shape, so the lowered waterline unlocks super-linear value.