De Long on network economy

jf noonan jfn1 at msc.com
Fri Jul 23 07:06:43 PDT 1999


On Thu, 22 Jul 1999, Doug Henwood wrote:


> that patents, even advertising, be added to investment. He cites the
> examples of IP protection and marketing expenditure for Gilette's
> Mach3 ($1 billion development costs),

What is Mach3 and why did it cost $billion to develop? (Please don't tell me it's a new razor -- my sanity just couldn't take that today.)

--

Joseph Noonan jfn1 at msc.com



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