"Posner argues that a legal right to privacy absed on economic efficiecy would: (a) protect trade and business secrets by which businessmen exploit their superior knowledge or skills; (b) generally not protect for facts about people; and (c) limit, so far as possible, eavesdropping and other forms of intrusive surveillance to surveillance of illegal activities."
January 1, 1970
https://en.wikiquote.org/wiki/Privacy