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Developers and hackers are driving innovation and building great things. As Stephen O’Grady writes in his book, developers are the “New Kingmakers” and are heralding a new era in the technology world.
One of the fundamental pillars of neoclassical economics is rational choice theory. Rational choice theory relies on the assumption that people make rational decisions to maximize personal advantage. So that means wanting more, rather than less, of a good that provides value. Since there are constraints on resources (you don’t have unlimited time or money) people make choices on how to optimize that personal advantage.
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