Top Stories published by Costs and Priorities in July of 2016

Physical and Virtual Things and Information Systems: PART 2

In Part 1 I talked about physical and virtual things. I said I would provide definitions of these terms.

If my ideas fail to be perfect defintions, they can, at least, serve as useful descriptions…


Real and Virtual Resources

[Trigger Warning: Graphic Content]

Before I wrote the post Money is Points, I abandoned another post titled “Is Money a Fetish?”

The idea is, money is just an object, but it gains cultural significance by pretending it has mystical…


Physical and Virtual Things and Information Systems: PART 1

The last post in this publication was “Real and Virtual Resources”. I got some things wrong in that post. I guess that’s a consequence of the dialectic of developing these concepts.

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“Supply and Demand” assumes resource relationships(ownership), and social expectations(market exchange), that aren’t always valid or appropriate. “Costs and Priorities” is a generalized, universal framework for understanding social choices and resource limitations.
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