Digital Economy 2000: Commerce Department’s Third Annual Report On IT Revolution
Excellent report that suggests e-business and the extraordinary dynamism of industries that produce IT products and services are harbingers of a new era of higher, sustained growth with low inflation and low unemployment. The report also analyzes the forces behind these developments; has some excellent market statistics (also summarized in MBAdepot’s Mkt Research section)
Content: Online Resource | Source: U.S. Department of Commerce | Subjects: Economics, IT / Technology / E-Business | Industry: Information Technology
Will the U.S. Trade Deficit Inevitably Lead to Monetary Crisis?
With a trade deficit of $400 billion, and a net foreign debt of $4 trillion, the U.S. is headed for monetary meltdown, says C. Fred Bergsten, director of the Institute for International Economics. Bergsten, predicted that the dollar will drop in value by 20% to 25% sometime during the next three years. His advice to the government: Do keep money in the bank and pay … [ Read more ]
Content: Article | Source: Knowledge@Wharton | Subjects: Economics, Finance
A Simple Model of International Capital Flows, Exchange Rate Risk, and Portfolio Choice
Paper from the Federal Reserve Bank of St. Louis examines Int’l capital flows in the context of a simple Diamond-Dybvig model in which there are neither moral hazard nor adverse selection problems, thus isolating exchange rate risk as the propagator of capital flows.
Content: Article | Authors: Patricia S. Pollard, Rowena A. Pecchenino | Source: Federal Reserve Bank of St. Louis | Subjects: Economics, International
Where Schumpeter was nearly Right – the Swedish Model and Capitalism, Socialism and Democracy
In Capitalism, Socialism and Democracy Joseph A. Schumpeter concluded that socialism would eventually displace capitalism in Western democracies. This would come about as a result of the superior performance of capitalism. Six essential elements of Schumpeter’s prediction about the fate of capitalism are confronted with the development of the Swedish economy.
Content: Article | Authors: Magnus Henrekson, Ulf Jakobsson | Source: SSE/EFI Working Paper Series | Subjects: Economics, Trends / Analysis
The Pursuit of Reason: The Economist 1843-1993
Content: Book | Author: Ruth Dudley Edwards | Subject: Economics
Economists and the Financial Markets
Content: Book | Author: Brendan Brown | Subject: Economics
Blown to Bits: How the New Economics of Information Transforms Strategy
Content: Book | Authors: Philip Evans, Thomas S. Wurster | Subjects: Economics, Management
Essential Principles of Economics: A Hypermedia Text
An overview of economics for beginners, this site is based of the lecture notes of Roger Ashton McCain III, a professor of economics at Drexel University. The text’s 31 chapters are divided into two sections which cover both Microeconomics and Macroeconomics. Each chapter includes an overview and multiple choice questions to quiz users’s comprehension, and the text includes hypertext icons that lead to citations, observations, … [ Read more ]
Content: Online Resource | Author: Roger Ashton McCain III | Subjects: Economics, Education
Milken Institute Online
non-profit economic think-tank; research interests incl. corp. finance, regional economic performance & demographics, employment, education, financial institutions, and globalization; many pubs avail. in PDF for download
Content: Online Resource | Source: The Milken Institute | Subject: Economics
What Is an Economy For?
Atlantic Monthly article discusses differences between Asian and Western economic systems
Content: Article | Source: The Atlantic Monthly | Subject: Economics
The Age of Social Transformation
Peter Drucker analyzes industrialization’s latest manifestations: an economic order where knowledge is the key resource; a social order where inequality based on knowledge is a major challenge; and a polity where government can’t solve social and economic problems.
Content: Article | Author: Peter F. Drucker | Source: The Atlantic Monthly | Subjects: Economics, Social Responsibility (ESG)
How The World Works
James Fallows claims that Americans think that Adam Smith’s rules for free trade are the only legitimate ones despite evidence to the contrary from history and other economies.
Content: Article | Author: James Fallows | Source: The Atlantic Monthly | Subject: Economics
Capital Access Index
Freedom’s Road
Excellent discussion of economist Friedrich Hayek’s theories of entrepreneurial capitalism vs. Keynesians
Content: Article | Source: Forbes | Subjects: Economics, Miscellaneous
Fed Beige Book
Commonly known as the Beige Book, this report is published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from Bank and Branch directors and interviews with key business contacts, economists, market experts, and other sources. The Beige Book summarizes this information by District and sector.
Content: Online Resource | Source: The U.S. Federal Reserve | Subjects: Economics, Finance
Weapon of Math Destruction
A simple formula explains why the Internet is wreaking havoc on business models.
Editor’s Note: I thought a lot was left unsaid and no limits to the theory were presented (e.g. when infrastructure exists, but tools to take advantage of it by the users don’t). Nevertheless, it is an interesting concept worthy of consideration and further exploreation.
Content: Article | Author: David P. Reed | Source: Context Magazine | Subjects: Economics, Miscellaneous
