“The New Economy is based on the production of knowledge. The Old Economy is based on natural resources and the production of physical goods. Now the line between them is beginning to blur. A New Old Economy is making productivity surge and ushering in an Age of Plenty.”
Excellent article looks specifically at the Oil industry and how it has moved into the modern technology era. If you’re like me and didn’t know much about this industry it’s a good peak inside.
Content: Article
Author: Jonathan Rauch
Source: The Atlantic Monthly
Subjects: Economics, Trends / Analysis
Industry: Petro / Chemical
Author: Jonathan Rauch
Source: The Atlantic Monthly
Subjects: Economics, Trends / Analysis
Industry: Petro / Chemical
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Article doesn’t really argue any theory, merely makes some observations and claims time will tell.