#information economics

Tagged information economics · show all articles

A moderation and review desk in a bright daylit room, a wide matte-glass monitor holding a long queue of small item cards awaiting a decision, one card lifted part-way out of the list with the gap not yet closed, serving racks soft behind a glass partition

When Generation Becomes Free, Attention Becomes the Scarce Good

Herbert Simon named the constraint in 1971. The binding cost is not making a claim but checking one — and the institutions that historically absorbed that shift are the story, not the technology.

By Brecht Corbeel · August 8, 2026 · 17 min read

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