Wednesday, August 02, 2006

Laws of Information Economics

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

Second Law
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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
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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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