Nov 15, 2019 22:08
4 yrs ago
1 viewer *
English term

agalmics

English Bus/Financial Economics
Since I have not found a definition for this term in any dictionary, I appreciate if you help me to come up with a definition.
Change log

Nov 15, 2019 22:08: changed "Kudoz queue" from "In queue" to "Public"

Nov 15, 2019 23:31: Andrea Capuselli changed "Vetting" from "Needs Vetting" to "Vet OK"

Responses

+1
1 hr
Selected

study and practice of the production and allocation of non-scarce goods

Found this definition in several sources, see the links below.

agalmics: A form of economics concerning the "study and practice of the production and allocation of non-scarce goods," primarily via free-market trading, open-source initiatives, and flexible standards for intellectual property.
Peer comment(s):

agree Daryo
9 hrs
Thank you, Daryo!
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "I really appreciate your time and help."
+1
1 hr

agalmics (definition)

“Agalmics is an approach to (or more properly, perhaps, an alternative to) economics which acknowledges that non-scarce goods will always be copied, whether legally or illegally: ‘With our information technologies copying data is the easiest thing in the world, so it would be foolhardy to try to fight it.’”

https://ideas.ted.com/20-words-that-arent-in-the-dictionary-...

Also:

agalmics (uh-GAL-miks), n. [Gr. "agalma", "a pleasing gift"]
The study and practice of the production and allocation of non-scarce goods.

https://www.openverse.com/~dtinker/agalmics.html

For non-scarce goods:

https://en.wikipedia.org/wiki/Free_good
Peer comment(s):

agree Daryo
10 hrs
Thank you :)
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search