Artisan made:
Instances are produced one at a time. The quality varies wildly and is usually poor. The cost is high.
Machine made:
The design is perfected, and then limitless high-quality copies are made. The cost is low.
What is the relevant difference between axe-handles and music?
Is teaching [much like an axe handle]?
Yes. The above applies to teaching, as well as to music and axe-handles.
there's more to education than lectures. [...] what happens to the rest
Interactive educational software.
distributing good lectures is a great thing.
By the way, lectures are often written by pharmaceutical companies: http://en.wikipedia.org/wiki/Pharmaceutical_industry#Controv...
Lecture scripts and even journal articles presented by academic researchers may actually be 'ghost-written' by pharmaceutical companies.