Monopoly and Universal Reputation
Michael discusses the issue of monopolies in the digital age, specifically focusing on the barriers to entry and the importance of a universal reputation system. He proposes a solution that combines blockchain technology and nonprofit organizations to create a transparent and publicly available reputation app, reducing the power of monopolies and giving individuals more control over their private information.In this clip
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EconTalk
Michael Munger on Sharing, Transaction Costs, and Tomorrow 3.0
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