Saturday, June 25, 2005

Open source economics

Policy: "Smithian virtues, Smithian threats

Along with micro-credit, OSS represents a new and exciting economic form which exemplify themes associated with Adam Smith. Firstly, as the great Austrian economist Carl Menger observed “Smith placed himself in all cases of conflict of interest between the poor and the rich, between the strong and the weak, without exception on the side of the latter”.[3]

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