Re: Question about the economics of information

[Michael Pollak <mpollak@xxxxxxxxx>]

On Wed, 22 May 2002, Jurriaan Bendien wrote:

> This may be a stupid question, but does anyone of the esteemed
> economists on the list know where I would find a systematic and
> rigorous analysis of "information as a commodity"?

You might try Brad DeLong & Michael Froomkin's article "The New Economy"

http://www.j-bradford-delong.net/Econ_Articles/newecon.htm

It's not Marxist, but it is classical, in the sense that goes back to
Smith and tries to consider the prerequisities of a Smithian commodity,
how they don't really apply when the commodity is information, and how the
the laws of microeconomy might change as a result.

Michael