Software as Capital: An Economic Perspective on Software Engineering

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Summary: Towards a Better Understanding of the Economics of Software
Review: Howard Baetjer, Jr., takes the reader through a highly informative and thought-provoking lesson in the economics of software engineering. Building on the solid theoretical work of the economists of the Austrian school, he identifies (through solid and thorough industry research) a number of problem areas in the existing marketplace for software, and offers viable solutions to each.

One need be neither an economist nor a software designer to gain usable knowledge from this book; its principles are applicable to any field. Baetjer does a superb job of fully explaining the underlying theories upon which he builds his thesis, using examples from other industries which make the more abstruse subject matter much easier to understand.

Regardless of your field, you will benefit from reading this well-written book.