Sam Bowles on Kudunomics and Property Rights in the Weightless Economy

Video via http://cyber.law.harvard.edu/interactive/events/luncheons/2009/11/bowles

Description

"Sam Bowles of the Santa Fe Institute explores how the economy of grain and steel is slowly being displaced by the weightless economy of information and network connections. Bowles presents a model and history of the long-term development and transformation of property rights drawing on recent behavioral experiments and econometric estimates of wealth dynamics in hunter gatherer societies. An evolutionary model and computer simulations show how systems of property rights might respond to the challenges of the weightless economy." (http://cyber.law.harvard.edu/interactive/events/luncheons/2009/11/bowles)