The important thing here is to idenitfy the currency. You both are looking for some $ sign and economics is not about money it is about exchange.
Open source is pure economics. I "sell" my code to the open source comunity for a chance of code that is developed on top of it. see my last post. It is a code for code exchange.
"Seems like W. Russell Jones is trying to apply 1900-era economics to a collaborative, abstract, not-truly-market-driven, positive-feedback context."
I just need to comment that the open source market is very much market-driven, in fact it should be used in econ101 classes. We have lots of buyers and sells (users and writers), no barrers to entry (well you have to know how to write code, at least some). The only real differance is the currency. When you place something on the open source market you are "selling" code today for the chance of code tomorrow (that was built on the code you distributed). It is like investing in the stock market I give up money today for the chance of money in the future. Very much neo-classical economics!
Slashdot Mirror
The important thing here is to idenitfy the currency. You both are looking for some $ sign and economics is not about money it is about exchange. Open source is pure economics. I "sell" my code to the open source comunity for a chance of code that is developed on top of it. see my last post. It is a code for code exchange.
"Seems like W. Russell Jones is trying to apply 1900-era economics to a collaborative, abstract, not-truly-market-driven, positive-feedback context."
I just need to comment that the open source market is very much market-driven, in fact it should be used in econ101 classes. We have lots of buyers and sells (users and writers), no barrers to entry (well you have to know how to write code, at least some). The only real differance is the currency. When you place something on the open source market you are "selling" code today for the chance of code tomorrow (that was built on the code you distributed). It is like investing in the stock market I give up money today for the chance of money in the future. Very much neo-classical economics!