"...if some companies give away merchandise to expand market share, what's not to like about having someone else take on the expense of manufacturing and distributing the goods, as long as they'r

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"When the resources aren't scarce, you don't need them to be efficiently allocated. They're infinitely available and allocation no longer matters because everyone who wants it can have it."

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"Meanwhile, the one thing that you can't digitize and distribute with full fidelity is a live show. That's scarcity economics [...] in an era when digital products are commodities, there's a prem

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"It's interesting to note that it wasn't horse-drawn carriage makers who became successful automobile companies." Seriously, read what this guy is saying. He's talking a lot of sense.

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"So the trick to embracing infinite goods isn't in limiting the infinite nature of them, but in rethinking how you view them. Instead of looking at them as goods to sell, look at them as inputs i

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"...if these book publishers really think that they can't provide significant enough value to make someone pay, they shouldn't be in the publishing business at all -- which, perhaps, is what the

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"As Sven Johnson suggests, the important story here isn't about Second Life per se, but about the clash between a scarcity-based economy and an abundance-based world." Jamais Cascio on the C

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"Economics is not a moral issue. It doesn't care about anyone's "right" to make money from their creative output... and neither should you. The idea that anyone automatically has a righ

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"Most truly disruptive technologies disrupt because they take a scarcity assumption and, thanks to some technology that generates abundances, simply turn it on its head. Just think VOIP..."

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"...the point is that if you understand the zero, there's nothing to worry about and the model works perfectly. It just requires a recognition that the scarcity doesn't exist. Instead, you have a

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"...the problem that occurs when people focus too hard on the idea that economics is the study of resource allocation in the presence of scarcity. That only makes sense when there's scarcity -- a

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Transcript/report of Chris 'Long Tail' Anderson's presentation at the Pop!tech conference, over on Worldchanging.

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Jamais Cascio strikes again. Food for thought.

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Momus on post-materialism.

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The launches of the iPhone and final Harry Potter book were textbook examples of companies profiting in part by creating the illusion of scarcity. explains the advantages of this strategy when execute

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