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Essay uses personal $40,000 CD collection to challenge NIMBY logic on streaming's costs

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GoKawiil Brief

An economics writer recounts owning roughly 4,000 CDs, once worth about $40,000, that are now nearly worthless due to music streaming. Rather than framing himself as a victim of disruption, he argues that free access to vast catalogs of new and old music has given him far more value than he lost, turning an apparent loss into a net gain.

Why It Matters

GoKawiil's interpretation of the reporting above, not reported fact.

The essay uses this personal example to challenge the reflexive 'NIMBY' framing that treats any disruption as pure loss for incumbents, suggesting that many who suffer capital losses from technological change also reap substantial offsetting benefits. It implies the same logic could apply to broader debates like housing development, where opponents focus only on losses while ignoring potential gains.

Key Takeaways
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Source: betonit.ai — Bryan Caplan, 2026-08-26

Published there as: “CDs vs. NIMBY”

Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.