Market Power

Musings by an academic economist on the power of markets and the power over markets.

Wednesday, March 30, 2005

Why is Blogspot Running So Slow?

It's because of stuff like this.

When you don't charge for your service, people will use it up until the marginal benefits are very nearly equal to zero. Collectively, that puts a huge strain on the infrastructure. Eventually, without improvements to it, the infrastructure collapses. See Tragedy of the Commons.