Digital killed the
Everett Ehrlich starts out talking about the basic value of the Internet (original), which is that it makes it really cheap to gather and transmit information. I’d never heard of Ronald Coase, but the basic outlines of the theory as Ehrlich explains it make complete sense. The Internet allows very focused tribes to form very quickly, because one no longer has to look very hard to find other people who consider bowling shoes to be the pinnacle of modern art. ...