What Is the "New Economy"?greenspun.com : LUSENET : Economic History (and Related Observations) : One Thread
Dear Mr. DeLong,
I am a student in Switzerland an writing my thesis over the evaluation of Internet stocks. I read your article on the Net, and as I need a definition of the New Economy I have two questions for you:
1) Is the E-conomy of which you speak in your article equal to the New Economy?
2) Can you give me a short definition of the New Economy? What it's about? Or do you know a Internet-side where I can find a short definition of it?
Thank you a lot for your help.
-- Gloria Maersch (firstname.lastname@example.org@econ.berkeley.edu), May 24, 2000
"New economy" can mean lots of different things to different people. "E-conomy" is supposed to focus attention on the impact of communications and data processing technologies...
A short definition.... That is much harder, since I am not yet sure what the impact of data communications and data processing technologies on the rest of the economy are...
For two attempts at *long* answers, you can look at:
-- Bradford DeLong (email@example.com), May 24, 2000.