@paulg yup. Even physical things move to the "cloud". Now we need more representative economics stats, GDP less relevant.
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@arieldiaz as@trengriffin indicates, consumer surplus is untracked, yet we are in the midst of its long boom. -
@MarcosPolanco, which study are you referencing? Cc@arieldiaz@trengriffin -
@dwatkinsa@arieldiaz No "study" but this conversation started by@albertwenger: http://continuations.com/post/87097295835/consumer-surplus-and-returns-to-capital …. Merging rent/own liberates value.
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Ownership applies contracts by the moat of resource locality. -
@paulg It isn't so simple as sharing always being better:https://twitter.com/sebinsua/status/476321837518192640 …
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@paulg other than the fundamental difference in valuation riskThanks. Twitter will use this to make your timeline better. UndoUndo
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