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When we talk about trouble with the economy, we’ve been overlooking an astounding opportunity. Something new is possible for the first time in thousands of years. If you care about the planet, if you care about your kids, if you care about other people, this is something to pay attention to. The availability of cheap, networked, programmable devices is as big a deal for human economics as the invention of paper money and coins were. It gives us, for the first time, the opportunity to change the rules of the game, to tune the incentives, and to create much more flexible access to resources—including other people—all without creating the huge bureaucracies and informational inefficiencies associated with previous attempts.

Joe Edelman’s Thoughts

How mobile phones can replace a broken economy

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