Monthly Archives: October 2010
Markets, Hierarchies & Distributed Networks
For thousands of years, markets and hierarchies were the only alternatives when it came to aggregating human effort. Now there’s a third option: real-time, distributed networks. – Gary Hamel I love this comment. The only exception I take to it is … Continue reading
Posted in Aside, Marketplaces, Navel Gazing
Tagged distributed networks, management theory, markets, peer-production
2 Comments
Equal Price vs Fair Price
While in a small roadside stall yesterday, I agreed to buy two bananas for 20,000 đồng. I collected my bananas, paid for them and went on my way. As I did, the shopkeeper called me back and gave me a … Continue reading
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