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Java™ Web Services Unleashed by Mark Wutka, Joseph Weber, Arthur Ryman, K. Scott Morrison, Benoît Marchal, Matthias Kloppmann, Steven Haines, Darren Govoni, Francisco Curbera, Frank Cohen, Robert Brunner

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Web Service Availability

Over the last few years, I participated in several projects that helped me sharpen my vision of what Web services should look like in the future. Here's the vision: the transparent Web services economy.

The Internet and Transparent Markets

One of the fundamental laws of a capitalist economy is that a transparent market—one where every player has access to all product and pricing information—is the ideal market. The transparent market will, over time, converge towards the best pricing for the best products with the best level of services.

That's the economic theory, at least. In practice, it is very difficult to create transparent markets. The stock market and, possibly, eBay are the best approximations we know of. Yet ...

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