How Much $ from Artificial Scarcity?

2 04 2011

The leading ecological economist, Herman Daly, out of University of Maryland, lays out the basic four types of goods and services. Intuitively we know that a knowledge economy with things like open access software and “free-mium” cloud computing services need not be an expensive world to live in. Given Daly’s taxonomy below, I wonder how much income today is derived through artificial scarcity (the upper right quadrant). And I wonder what the proportions of national or world GDP in all four quadrants will look like 20 years hence.

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