The amorality of Web 2.0 An Essay by Nicholas Carr www.roughtype.com The Internet is changing the economics of creative work – or, to put it more broadly, the economics of culture – and it’s doing it in a way that may well restrict rather than expand our choices. Wikipedia might be a pale shadow of the Britannica, but because it’s created by amateurs rather than professionals, it’s free. And free trumps quality all the time. wwwmoralityeconomicsgoodness
You cannot consume what is not produced The only law of economics that I believe in is Hamming’s law: “You cannot consume what is not produced.” There is not another single reliable law in all of economics I know of which is not either a tautology in mathematics or else sometimes false. Richard Hamming, The Art of Doing Science and Engineering: Learning to Learn Scientific writing economics