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Information Economy

5 Myths About Economic Growth

Brian Czech | Posted 07.20.2016 | Business
Brian Czech

If you liked a rug, but liked your grandkids more, it wouldn't be smart to grab the rug out from under them. That's basic microeconomics. Yet if we look around and reflect a bit, doesn't it seem like all that economic activity is pulling the Big Rug out from the grandkids at large?

How the Computational Capacity of Economies Explains Income

Cesar A. Hidalgo | Posted 06.29.2015 | World
Cesar A. Hidalgo

Economies are computers, and the capacity of an economy to generate income is a side effect of that economy's computational capacity. This helps explain international differences in income, as it implies that economies that embody vast computational capacities, such as the economies of South Korea, Taiwan or Silicon Valley, should be richer than those that struggle to compute, like the economies of many Latin American and Sub-Saharan countries.

Paul Krugman on Limits to Growth: Beware the Bathwater

Brian Czech | Posted 12.15.2014 | Green
Brian Czech

Take Krugman's opinion on limits to growth at your peril, and that of your grandkids.

Who's More Progressive: Airports, Movie Theaters or the NFL?

Christopher Meyer | Posted 12.02.2014 | Business
Christopher Meyer

The NFL, theater moguls, and airports seem unconcerned with whether they are actually creating value for anyone but themselves. How many times do we have to see this movie? Oh, I mean video.

The Future

Kevin Siskar | Posted 08.30.2014 | Business
Kevin Siskar

I recently finished reading Physics of the Future by Dr. Michio Kaku. After countless hours of time spent with the smartest scientists on earth, Dr. K...

Digitalman: Faster Than a Speeding Byte

Peter Block | Posted 05.30.2011 | Technology
Peter Block

No technical obstacle stands in Zuckerberg's way. He never needs a help line, never is referred to a system administrator, never is asked for an "SSID" or a password that he has not memorized.

Hollywood Politics: Up in the Air

Thomas de Zengotita | Posted 05.25.2011 | Entertainment
Thomas de Zengotita

Opposition to the war saturates the atmosphere of many films, but it's not explicit. The focus is on the personal price that's paid -- as if the war were a condition of nature, like earthquakes.

The Newspaper Is Dead, Long Live The Newspaper

Mike Doyle | Posted 05.25.2011 | Chicago
Mike Doyle

Note to cowering media mavens: next time you come down for your towers and take a walk past a newsstand, please take heed. See it for what it is: a sidewalk museum of failed economics.