Thursday, October 17, 2002

Economics 101 Doc Searl's blog about Britt Blaser's thoughts, especially those defining why netizens, or for that matter other succesful intelligent citizens, are failing to act or to respond in any manner to today's political scene is thought provoking.  Not sure I agree such folks are in a "depression" -- kinda looks like procrastination or laziness.  The political economists discuss it in terms of transaction costs being too high -- course you need to weigh the convenience cost of ignoring the effects of the system on your life versus the transaction cost of participating before economics is truly accounted for in this case.     11:13:40 AM