Tags: economics (144)

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  1. "Benkler attributes their success to ways they have found to assure contributors that when you produce you will be able to control what you produce. Cash doesn’t change hands. The challenge is to learn about human collaboration in general from these web-based examples. In Benkler’s words “replacing Leviathan with a collaborative system.”"
  2. Great description of Jonathan Coulton and his compelling alternative model for supporting himself.
  3. Gripping account of the financial crisis.
  4. A parody book review? A parody book?
  5. nomics in the context of scarcity. However, the point is that if you understand the zero, there's nothing to worry about and the model works perfectly. It just requires a recognition that the scarcity doesn't exist. Instead, you have abundance. You can have as much content as you need -- and in that world, it makes perfect sense that there's no costs, because without scarcity there need not be a cost. Supply is infinite, and price is zero. That does not mean, however, that there's no business. Instead, it just means you need to flip the equation and use th

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