Flo Rida explains economics

Flo Rida - I wonder if he's regretting that stupid name yet? - explains why he thinks people are happy to pay for music:

Flo Rida [...] says most of his fans realise download prices are a fair deal.

"As an artist, we have to pay for things like studio time and if we traded those costs, they'd probably be paying a lot more," he says.

"They're probably in a better position when they buy an album rather than pay directly for my studio time which is about $150 (£105) an hour."

Well, yes... it is cheaper to spread the costs of production over a large number of people than for one person to pay the whole lot up front.

Similarly, most people would rather buy a loaf of bread rather than buy a bakery. And last night in Boots, the bloke in front of me in the queue decided to pay a few of quid for a prescription, rather than stump up for the entire costs of the drug company's research and development work producing the palliative.

It does miss the point quite a bit, but you can't deny that Aunt Flo is right.