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Markets and Networks

Several weeks ago Steven Johnson took to the op-ed page of The New York Times to defend his excellent new book on innovation and to declare “I am not a Communist.”  The question of possible communist...

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Netflix vs. the market

I wrote a lengthy post last year on how the networked information economy offered potential challenges to the market as the primary form of economic organization. In that post I noted the market’s...

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More to markets than selfishness

My recent Atlantic review of Yochai Benkler’s new book on cooperation and selfishness is heavy on the assumption that evidence of our lack of selfishness poses a real problem for standard free-market...

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