Economics Economics Economics

Have I mentioned that I love the planet money podcast?  Today I listened to a piece about punctuated change, pretty much what is happening as industries transform (or collapse?) all over the globe in the face of this recession.  The piece emphasized the need for creativity, innovation and experimentation to redefine the rules of the game for the major global industries- and see what will shake out as the next standard competitive advantage.  I don't see why 'open' couldn't or wouldn't be that trend.

Two other 'economy' type things I came across this weekend.  The long tail theory by Chris Anderson (Ed put this one up on our wiki)- and Lawrence Lessig's descriptor of the hybrid economy.  Too brain dead to elaborate much more now- but seems like at the least we can start tackling definitions of these theories for our glossary- as theories that could support/describe an economy where collaboration flourishes.