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Digitopoly

Digitopoly

Competition in the Digital Age

Category: Economic growth

Posted on December 4, 2018

Free Software without a Free Lunch or Free Beer

Economists like to say that there are no free lunches. How does that attitude apply to free software and services? It is no secret that many prominent platforms give away services, and so do many widely used open-source projects. The answer should help us understand our world. While it costs next to nothing to replicate …

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Posted on October 8, 2018

A Nobel Prize for Breaking Through Hurdles Placed by Economists

This year's Nobel Prize in Economics has been shared by Bill Nordhaus and Paul Romer for "integrating innovation and climate with economic growth." That is one way to thread the needle to link these fine recipients and I applaud the Nobel Committee for finding a way to do it. That said, there is a real …

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New Book

Recent Posts

  • Harold Demsetz. An Appreciation.
  • Smart Contracts with Fine Print
  • 2018 Digital Year in Review
  • On Facebook’s management and regulatory approach
  • Free Software without a Free Lunch or Free Beer

Authors

  • avigoldfarb
  • Joshua Gans
  • erikbrynjolfsson
  • jwaldfogumnedu
  • shanegreenstein
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