Umair Haque / Bubblegeneration
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Design principles for 21st century companies, markets, and economies. Foreword by Gary Hamel. Coming January 4th. Pre-order at Amazon.


 
Monday, August 09, 2004


Absolutely cool article about markets, innovation and property rights. 'Supercorrecting' DVD players in China were made to compensate for the crap quality of 'pirate' DVDs. Very nice illustration of why grey markets will always defeat property rights (as long as the government doesn't control transaction costs).

-- umair // 10:37 PM // 0 comments


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