Description
Munger predicts that smartphones will allow the 'transactions cost economy' to commodify excess capacity, promoting sharing instead of owning.m
About the Author
Michael C. Munger is a Professor in the Department of Political Science and the Department of Economics at Duke University, North Carolina. He studied for a Ph.D. under Barry Weingast and Douglass North (1993 Nobel Prize) at Washington University in St Louis. After working at the US Federal Trade Commission, Munger taught at Dartmouth, Texas, and North Carolina before moving to Duke in 1997. He edited the journal Public Choice from 2005-2009.
Reviews
'It is too early to see all the positive and negative consequences this third revolution will have, but change is inevitable. Modernity is a never-ending process; people are always looking for ways to make things better. The transaction cost revolution is the next step, and it is already changing lives. With Munger's help and a little Econ 101 knowledge, that change will be much easier to navigate.' Ryan Young, OpenMarket (www.cei.org/blog)
'[I]n addition to its snappy readability and appeal for both professional and lay audiences, Tomorrow 3.0 is spot-on in the way that it treats expanding consumer access as the flip side of 'software eating the world'.' Pamela J. Hobart, Libertarianism.org (www.libertarianism.org)
Book Information
ISBN 9781108447348
Author Michael C. Munger
Format Paperback
Page Count 188
Imprint Cambridge University Press
Publisher Cambridge University Press
Weight(grams) 280g
Dimensions(mm) 228mm * 151mm * 11mm