Wednesday, August 02, 2006

Laws of Information Economics

First Law
Knowing is everything
The rest -- knowledge is power, is the edge, is money, is time -- all follow matter of factly.

Second Law
Knowledge is not a Candy Bar
Knowledge can be shared without diminishing its value; the value of the info itself or its value to the people between whom it is shared.

Third Law
Knowledge has no shelf life
It cannot cannot be put away for some time. It won't last.

Idea (and some phrases like "Candy Bar") thanks to Po Bronson in Bombardiers.

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