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20JAN2003 Markets, Antimarkets and Network Economics
The Internet itself is a self-organized entity, despite its origins in the hands of military planners. One thing markets, ecosystems and decentralized networks have in common is that their synergistic properties emerge spontaneously out of the interactions among a variety of elements, plants and animals, sellers and buyers, or computer servers and clients.
Ed. note: The timing of this astounding essay could not be better. Good pre-war reading. Good post-war reading for that matter. [MORE]
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