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How today's smartest businesses profit by giving something for nothing

Chris Anderson

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English

Century
01 July 2010

Economics & Business; Monetary economics; Economics of industrial organisation

The author of The Long Tail unveils his radical vision of the new economy

What happens when advances in technology allow many things to be produced for more or less nothing? And what happens when those things are then made available to the consumer for free?

In his groundbreaking new book, The Long Tail author Chris Anderson considers a brave new world where the old economic certainties are being undermined by a growing flood of free goods - newspapers, DVDs, T-shirts, phones, even holiday flights. He explains why this has become possible - why new technologies, particularly the Internet, have caused production and distribution costs in many sectors to plummet to an extent unthinkable even a decade ago. He shows how the flexibility provided by the online world allows producers to trade ever more creatively, offering items for free to make real or perceived gains elsewhere. He pinpoints the winners and the losers in the Free universe. And he demonstrates the ways in which, as an increasing number of things become available for free, our decisions to make use of them will be determined by two resources far more valuable than money- the popular reputation of what is on offer and the time we have available for it. In the future, he argues, when we talk of the 'money economy' we will talk of the 'reputation economy' and the 'time economy' in the same breath, and our world will never be the same again.

By: Chris Anderson
Imprint: Century
Country of Publication: United Kingdom
Dimensions: Height: 198mm, Width: 129mm, Spine: 18mm
Weight: 202g
ISBN: 9781905211494
ISBN 10: 190521149X
Pages: 288
Publication Date: 01 July 2010
Audience: Professional and scholarly , College/higher education , General/trade , Undergraduate , Primary
Format: Paperback
Publisher's Status: Active

Chris Anderson is Editor-in-Chief of Wired magazine, a position he took in 2001. Since then he has led the magazine to nine National Magazine Award nominations, winning the top prize for General Excellence in 2005, 2007 and 2009. AdAge magazine named him Editor of the Year in 2005. Previously he was at The Economist, and Nature and Science magazines. He is the author of the internationally acclaimed The Long Tail, which was shortlisted for the Financial Times and Goldman Sachs Business Book of the Year Award in 2006 and won the Loeb Award for best business book in 2007. He lives in Northern California with his wife and five children.

Reviews for Free: How today's smartest businesses profit by giving something for nothing

Turns traditional economics upside down * Guardian * Even if you're a freesheet-reading Spotify user, this is the best GBP18.99 you'll ever spend * GQ * An insightful, steady and scrupulous analysis * Financial Times * There are many books about the workings of the new economy, but Anderson ... [is] ... one of the most reliable and skilful guides. Free is worth the money * Management Today * An enjoyable jaunt through business land * Daily Telegraph *