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June 8, 2005
Discussion Topic: Markets and Networks
Is a network a market? Seems to me the two are very similar, with the understanding that the store of tradable value in networks isn't always money but can be trust, shared interests, or beliefs. Similarly, markets often exist in collective or public goods which are best supplied by vast networks. What is the relationship between these concepts, network and market? Is there one, or is it not worth discussing? Consider the insurgency. Is it a network? If so, doesn't it create a market for providers of jihad to interact with its consumers? Their product is war.
I'd like to hear your thoughts.
Posted by Chester at June 8, 2005 12:35 AM
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