From Wired: Bill Gates once derided open source advocates with the worst epithet a capitalist can muster. These folks, he said, were a “new modern-day sort of communists,” a malevolent force bent on destroying the monopolistic incentive that helps support the American dream. Gates was wrong: Open source zealots are more likely to be libertarians [...]
Posts Tagged ‘informal economies’
“The New Socialism”
Posted in Uncategorized, tagged informal economies, Property, technology on June 14, 2009 | Leave a Comment »
Home Production and GDP
Posted in Uncategorized, tagged GDP, informal economies on May 4, 2009 | Leave a Comment »
Nancy Folbre, an economist at UMass Amherst who specializes in feminist economics, has a post at Economix that discusses the lack of home productio in GDP statistics in light of the economic crisis. Home construction is way down in the United States, but home production — work to produce goods and services for own consumption [...]
Black Markets and the Recession: “The Other Chicago School”
Posted in Uncategorized, tagged financial crisis, informal economies on March 26, 2009 | Leave a Comment »
Can’t believe I beat Sean to the punch on this one (h/t Mark Thoma). Forbes has an article about how the recession is affecting underground economies, talking with sociologist Sudhir Venkatesh. The whole article is interesting, but I only have time for a couple excerpts: “The recession is engendering more violence,” says Venkatesh, a professor [...]
