Speed Read - Reputation Economics
This book explores how the internet has given way to a rise in what Klein terms 'reputation economics', whereby individuals are now able to build an online reputation that has become a powerful currency operating outside of monetary value.
In this first edition of Reputation Economics, Joshua Klein explains the new phenomenon of online reputation and how it can potentially lead to an abundance economy.
Central ideas and arguments
The book's introduction provides an overview of reputation economics as a concept. Offline, it can be anything from a birthday gift to providing a favour to a friend. These acts are driven by people's values and, as a result, have no price and are inherently unquantifiable.