Give up Facebook for a month and help economists fix GDP


Among a representative sample of US Internet users, they found the median price of giving up Facebook for a month was US$42.17. — Reuters

Would you give up Facebook for one month in exchange for US$50 (RM205)?

The question, posed by MIT’s Erik Brynjolfsson and four co-authors of a new paper, may help economists get a better measure of the extent to which new, free technologies are reshaping the economy and our lives. The answer, unsurprisingly, is a lot.

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