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Have We Learned from the New Economy?
prostoalex writes "The new issue of Fast Company magazine looks at the so-called New Economy in retrospect. There were some myths about the Internet that were not true, or could be considered true only partially in the brief history of the Internet boom, there were people who got burned and those who nicely cashed out and then there were those who had to start a new life because of the Internet."
Another book discussing the wonders of the "new economy" (post-industrialism) is Unsustainable. I just finished, it's excellent.
This is my sig.
for further reading i would suggest: the roaring nineties written by josepth stiglitz. stiglitz, who won the nobel prize in economics, was part of the clinton administration. i just finished it and i think it gives a great overview of what went wrong and what went right with the "new economy". he is fairly balanced-being critical of both bush and clinton. also, you dont have to be an economist to appreciate the arguments presented in this text.
-- john
This is one of those flat-out lies that won't die. If those pinheads had done even the least bit of fact-checking they would have found that this canard was the creation of RNC spin-meisters. The curious can check out these links:
i ns /
6 40 .html
a mp aigns/wh2000/stories/gore032199.htm
http://www.firstmonday.dk/issues/issue5_10/wigg
http://www.theregister.co.uk/content/archive/13
http://www.washingtonpost.com/wp-srv/politics/c
and there are many, many more.
FWIW, we actually get the dead-tree edition of Fast Company magazine (don't ask why, it's a long story) and it's just as slick and empty as any of the old Dot-Com business plans. These people are just a waste of ink and pulp.