Monday, August 11, 2008

Nobel for Linus Torvalds

The Nobel people ought to consider Linus Torvalds for the next Nobel Prize for Economics. The open source model of software development has exposed a new kind of market, one where the cost of producing and distributing a product falls to zero, leaving only the cost of designing it. "Open source" is now even spreading to other cheaply produced products, even though they don't actually have "source". The Linux kernel is by far the most successful open source product. Through his work with Linux, Linus has proven that this kind of market can work and that people are willing to give away the effort of designing a product for the seemingly small benefits of notoriety and creative expression.

I suppose it might make sense for Richard Stallman to share in the Nobel Prize, for creating the GPL, but the idea of giving him an economics award is almost too much for me.

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