#Economics
3 notas · última:
Economics behind the Open Source Model
The text links open source to economics through time, effort, perceived value, supply and demand, and the exchange of products, services, and reputation. It argues that open source creates lasting value and revenue mechanisms.
Hiring and the market for lemons
Dan Luu tests Joel Spolsky's claim that great developers never hit the job market against Akerlof's market-for-lemons model, and finds most hiring complaints trace back to a few fixable causes.
Jevons Paradox
In 1865, economist William Stanley Jevons observed that as steam engines became more efficient, Britain's coal consumption didn't drop — it exploded. Technological improvements that increase the…