Economics and the New Economy : The Invisible Hand Meets Creative Destruction

  title={Economics and the New Economy : The Invisible Hand Meets Creative Destruction},
  author={Edward G. Boehne and Leonard I. Nakamura},
A s the third millennium begins, the buzzwords " new economy " and " new paradigm " are invoked repeatedly to explain the U.S. economy. In general, these words refer to a view that high-tech innovations and the globalization of world markets have changed our economy enough that we need to think about it and operate within it differently. Perhaps what we notice most is a new Zeitgeist of accelerating change in the worlds of work and knowledge, change that's emphasized in books with titles like… CONTINUE READING

From This Paper

Topics from this paper.
10 Citations
35 References
Similar Papers


Publications referenced by this paper.
Showing 1-10 of 35 references

Faster: The Acceleration of Just About Everything

  • Gleick, James
  • New York: Pantheon,
  • 1999

Monopoly Rights: A Barrier to Riches,

  • Parente, L Stephen, Edward C. Prescott
  • American Economic Review
  • 1999

On the Optimality of the Patent Renewal System,

  • Scotchmer, Suzanne
  • RAND Journal of Economics
  • 1999

Patent Reform: A Mixed Blessing for the United States Economy?

  • Hunt, Robert
  • Federal Reserve Bank of Philadelphia Business…
  • 1999

The Measurement of Retail Output and the Retail Revolution,

  • Nakamura, Leonard
  • Canadian Journal of Economics 32,
  • 1999

The World Distribution of Well-being Dissected,

  • Summers, Robert, Alan Heston
  • Whither Socialism ?
  • 1999

Bank of America Round Table on the Soft Revolution,

  • Romer, M Paul
  • Journal of Applied Corporate Finance, Summer
  • 1998

Similar Papers

Loading similar papers…