The Internet and digital access have transformed the informational structure of markets by making large amounts of information available at negligible cost, which democratizes information and reduces asymmetries; however, this raises new questions about what information is credible and trustworthy.
causalpending
Speaker
Michael SpenceEvidence Quote
“the presence of the internet and the fact that you can access very large amounts of information at essentially negligible cost does transform the informational structure of markets and does democratize it in many ways”
Source
Nobel Prize-Winning Economist Sees Era Of "Permacrisis" Ahead | Michael Spence (w/ Adam Taggart)— Adam Taggart | Thoughtful Money®Created: 8/11/2026, 1:51:12 AM
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