When goods are digital, they can be replicated with perfect quality at nearly zero cost, and they can be delivered almost instantaneously. Welcome to the economics of abundance.

Next quotes

• Arlie Russell Hochschild:

  In response to our fast-food culture, a 'slow food' movement appeared. Out of hurried parenthood, a

• Ruth J. Simmons:

  It's very important in a leadership role not to place your ego at the foreground and not to judge e

• Nirmalya Kumar:

  As brands become larger, the need to reach greater numbers of customers makes them less edgy and di

• Jef I. Richards:

  There is a huge difference between journalism and advertising. Journalism aspires to truth. Adverti

• Leland Ryken:

  With so many contradictory renditions of the biblical text, the public has lost confidence that we

• Eva Moskowitz:

  I am from an F.D.R. liberal-Democratic family. With proximity to government, I have become more lib

• Geoff Mulgan:

  A tablet replacing an exercise book is not innovation, it's just a different way to make notes.

• William Vickrey:

  It's insane to try to balance the budget.

• Mordecai Wyatt Johnson:

  There will be a meeting of the great powers who will disagree, and the next noise we hear will be t

• Charles Vest:

  Literally from the moment I came in the door of MIT, it was very clear that a highly productive 40-