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Ars Examines Outlandish "Lost To Piracy" Claims and Figures 380

Nom du Keyboard writes "For years the figures of $200 billion and 750,000 jobs lost to intellectual property piracy have been bandied about, usually as a cudgel to demand ever more overbearing copyright laws with the intent of diminishing of both Fair Use and the Public Domain. Now ARS Technica takes a look into origin and validity these figures and finds far less than the proponents of them might wish."

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"An idealist is one who, on noticing that a rose smells better than a cabbage, concludes that it will also make better soup." - H.L. Mencken