I haven’t written about the economics of information recently. A Financial Times blog post blaming Facebook and Google for the election has changed that.
Category: Economics
Facebook wants to be the Interent, ie, the only place you need to go online. To that end, The New York Times — and a few other news organizations — is getting ready to test Facebook as a delivery platform for its content. There are many reasons why this is a bad idea in the […]
There’s a meme floating around Facebook this week. It features this “trickle up” economics quote from Will Rogers: The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover didn’t know that money trickled up. Give it to the people at the bottom and the people […]