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Michael Munger on Sharing, Transaction Costs, and Tomorrow 3.0

EconTalk

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The Future of the Internet Economy

George W. Bush: Wikipedia is a little bit static. It doesn't quite fulfill the promise that it had as it was growing. And let me suggest a related challenge. There are a lot of apps out there that you and I might use and love. They may, just like other apps and other websites, don't make it in the internet economy. The question is, what's going to happen to my stuff?

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