How Much Do Music and Movie Piracy Really Hurt the U.S. Economy?

How Much Do Music and Movie Piracy Really Hurt the U.S. Economy?

The Freakonomics guys on the SOPA/PIPA numbers touted by some sources:

"These numbers seem truly dire: a $250 billion per year loss would be almost $800 for every man, woman, and child in America. And 750,000 jobs – that’s twice the number of those employed in the entire motion picture industry in 2010."

Source: freakonomics.com