Fart Apps Prove, Once Again, That The Market Is The Best Decider Of Value
from the economics-101 dept
Apple was in the practice of individually deciding which applications to allow and which to ban, regardless of customer demand. The most curious and paternalistic of Apple's App Store policies was the ban on applications of "limited utility." As a result, developers weren't sure if their hard work would be deemed useful enough to warrant acceptance into the store. Yet, like so many centrally planned economies in the past, this policy failed and Apple began letting in silly applications. However, what may be silly to Apple's gatekeepers may actually prove to be valuable to consumers. Such is the case with a suite of applications that simply produce fart sounds. Dozen exist, and one developer of a fart application is reportedly making nearly $10,000 per day with his crass software. That is the beauty of free markets - consumers and producers can better decide what is valuable than any individual person or firm. The distributed intelligence and preferences are far more capable than Apple's gatekeepers.