Great Interview with Russ Roberts and Clay Shirky. I find lots of the interview fascinating. One of Shirky’s comment on Wikipedia is that it is low-cost to remove vandalism, and that helps to drive out vandalism.

I hope he is right. Maybe I should go to wikipedia and edit the entry on the financial crisis.

Also, Shirky brings up the issue of Vermont allowing virtual corporations. He thinks that these could be used to bring about collective action. Both he and Roberts discuss this as a way to compete with government.

Anyway, I am a fan of Shirky, and Roberts does a great job of guiding the interview.