From Adam Smith to Open Source

Posted by dave on May 15, 2004 5:02 AM EDT
InternetNews.com; By Sean Michael Kerner 		Mail this story
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In 1776, the British economist Adam Smith theorized in the "The Wealth of Nations" that "invisible hand" market forces are the primary influences in a free market economy. Does the economic model of the world, as predicted by Smith over 228 years ago, apply to the modern concept of free and open source software?

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