Clive Thompson, journalist and Collision Detection blogger, has written a nice piece on the blog economy in New York Magazine.
Blogs to Riches - The Haves and Have-Nots of the Blogging Boom -- New York Magazine
....
mentions NYU's Clay Shirky's work on network theory
also gets into the economic theory of Power Law distribution (which coincidentally is also discussed in Malcom Gladwell's New Yorker story on homelessness, Million-Dollar Murray.)
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