Econ in the News: Snap Spectacles and Scarcity Value

Snap Inc. (Snapchat’s newly-created parent) is trying to succeed where Google Glass failed: wearable recording technology. This time, Snapchat’s Spectacles – sunglasses fitted with cameras on either side that can record 10-second clips for all your Snapchat needs – appear to be avoiding the “Glasshole” negative associations that plagued Google’s launch. Indeed, Snap’s strategy provides … More Econ in the News: Snap Spectacles and Scarcity Value