Wikipedia and the Linux computer operating system were both created by unpaid volunteers using the internet, and both are out-competing their commercially-produced rivals, such as the Encyclopaedia Brtiannica and Microsoft. Are they examples of a new type of economy which has a lot further to go? Michel Bauwens, the founder of the Peer-to-Peer Foundation (P2P) believes so.
David McWilliams latest article Memo to ECB: print money is right if a little simplistic. The ECB has been crediting banks in exchange for rubbish assets- their version of Quantative Easing - which is almost like printing money but that is not what we need. [...]