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The Archives
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10.11.09The General Theory of the Second BestOnly the second best will do for virtual environments like Second Life - or that according to Robert Bloomfield who closed last week's Metanomics with a resounding call for complexity: The bottom line is that we live in an imperfect world, and we will never eliminate all government regulation and other imperfections. The general theory of the second best tells us that we need to look at each regulation in all its messiness, in the context of the other regulations and imperfections we have to suffer. So I’m not against freedom. I’m just skeptical of simple arguments. So those of you who ...
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