The NYT reports that new fashions are being copied more quickly than ever due to the ability to quickly circulate pictures over the web. The article would have benefitted from some economic analysis. While designers would predictably be unhappy with this situation, the availability of low cost copies of designer fashions would lead to substantial economic gains, just as lowering tariffs leads to economic gains.
The American Prospect is nonprofit, reader-funded journalism—and we need your help.
Our reporters dig deep, hold power to account, and explain how policy shapes people’s lives. If you value independent journalism that goes beyond the headlines, now’s the time to support it.
Here’s how you can help: • Donate to power fearless reporting
• Subscribe to get our print magazine 6x/year.