Heavy Lifting - thoughts and web finds by an economist
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Monday, September 24, 2007
From BBC News:
Computer enthusiasts in the developed world will soon be able to get their hands on the so-called "$100 laptop".
Put me down for two (or four)...
Prediction: The price is too low, the quantity demanded will be greater than the quantity supplied, the ensuing shortage will motivate secondary market for OLPC machines at somewhere around $800 (okay, the actual price prediction is over the top).
I have argued that the OLPC program will arguably improve the lot of a significant number of children but not for the reasons anticipated. Kids will sell their OLPC machines for the equivalent of two three year's wages - that's not what's intended, but the market will win in the end.
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