What the Financial Crisis Is Really About

August 13, 2009

The Motley Fool spoke with Tyler Cowen about the financial crisis and new forms of productivity on the Web, as discussed in Create Your Own EconomyMotley Fool

“Cowen said that many of the business models applied to Internet innovations, such as Twitter, simply can’t be monetized. But he did think they’ll get cheap enough to survive as philanthropic endeavors. “It will be like Wikipedia,” he said. ‘It will be a service. People who care about social change in Iran and other places will be willing to support Twitter.’”

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