Monday, 25 April 2011

Markets in everything

One effect of the growth in ICTs is the development of markets which otherwise would be difficult if not impossible to organise. This is from Bloomberg:
Lots of bandwidth and $5,000 can get anyone an hour with Nobel Prize-winning economist Gary Becker.

A couple more computer clicks can also remake a tennis serve, fix a golf swing and provide tips on how to out-bluff the poker world’s top pros.

Becker, a University of Chicago professor who won the Nobel Prize in Economics in 1992, will be selling his time on, a website offering one-to-one video chats with leaders, which opened yesterday. He’ll join people such as economics professors Jeffrey Miron of Harvard University and Laurence Kotlikoff of Boston University, “Freakonomics” co- authors Steven Levitt and Stephen Dubner, poker celebrities Patrik Antonius and Tom Dwan, and tennis coach Jeff Salzenstein.

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