Tuesday, June 21, 2005

Online Extra: The Sharing Economy

Online Extra: The Sharing Economy: "The Sharing Economy
Yale law professor Yochai Benkler points to Google and Skype as examples of a new, Info Age market structure, based on peer production

As a professor at Yale Law School, Yochai Benkler doesn't seem like a prime candidate to rewrite the field of economics. But in a couple of papers, most recently 'Sharing Nicely: On Shareable Goods and the Emergence of Sharing as a Modality of Economic Production,' he suggests that the Internet and cheap computers are spurring a new method of producing economic value besides the market and the traditional company. He calls it commons-based peer production."

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