Governor`s Travels, by Gov. Angus King: on Technology


Internet approaches economists' ideal of a perfect market

I don't know about you, but I feel kind of proud that I was present when a new verb--to google--was invented. Imagine being around when someone came up with "run" or "jump."

And the Web is an amazing resource. It approaches the economists' ideal of a perfect market, where buyers & sellers have almost total access to one another and information is unlimited, available and easily accessible. We are barely beginning to realize the potential this has for fundamental social, cultural, and economic change.

Source: Governor`s Travels, by Gov. Angus King, p. 16 Aug 16, 2011

  • The above quotations are from Governor`s Travels

    by Gov. Angus King.
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