To borrow from the language of economics, Salcedo sees time as a regular kind of “good”—a resource that’s more valuable to you the more of it you command. (Money is the classic example: it’s better to control more of it than less.) Yet the truth is that time is also a “network good,” one that derives its value from how many other people have access to it, too, and how well their portion is coordinated with yours. Telephone networks are the obvious example here: telephones are valuable to the extent that others also have them. (The more people who own phones, the more beneficial it is for you
...more
