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Monthly Archives: June 2012
Which Kind of Internet Do “We the People” Want?
I believe we’re at a key crossroads in the evolution of the Internet, our economy and society as a whole. And, as I’ve discussed, I believe a combination of New Growth Theory and Modern Monetary Theory can help us choose … Continue reading
NGT, MMT and Internet Policy: Overview
In this post I want to review some of the key points covered in several earlier posts. My goal is to set the stage for an Internet policy proposal based on a synthesis of New Growth Theory (NGT) and Modern … Continue reading
Do we want an unregulated monopolist with a conflict of interest to meter our web use?
In a piece in today’s New York Times, Brian Stelter focuses on “usage-based pricing” for broadband access, a growing trend that the story’s headline suggests will have “sweeping effects.” Early on, Stelter sums up the issue this way: The strategy, called … Continue reading
How Best to “Upgrade America?”
I just read Blair Levin’s recent “Upgrading America” speech, whose subtitle is: “Achieving a Strategic Bandwidth Advantage and a Psychology of Bandwidth Abundance To Drive High-Performance Knowledge Exchange.” As its longish subtitle (and reference to “combinatorial innovation”) suggests, Levin seems to … Continue reading
Social Costs of the “Looming Cable Monopoly”
At the end of an earlier post, I suggested that: …combining elements of New Growth Theory and Modern Monetary Theory [can] provide a rationale for increased federal investment in neutral, very-high-capacity broadband networks. In this post I’ll continue that discussion, focusing … Continue reading
Archi’s Acres: A Single Solution to Multiple Problems
This morning I read a post by Dylan Ratigan announcing he was leaving MSNBC and a 15 year career in financial journalism (and an annual compensation said to be in the $1 mil. range) to more directly work with the … Continue reading
Replanting the Roots of our Republic
In an earlier post I briefly discussed efforts spearheaded by Larry Lessig to “strike at the roots” of political corruption. As I noted then, Lessig is the author of “Republic, Lost: How Money Corrupts Congress–and a Plan to Stop It.” … Continue reading
Rethinking “Productivity”
This post was prompted in part by a recent New York Times opinion piece by Tim Jackson, professor of sustainable development at the University of Surry, and author of “Prosperity Without Growth: Economics for a Finite Planet.” The provocative title … Continue reading
Key Points From MMT Economics Textbook Draft
Today Bill Mitchell posted some draft material from the MMT-oriented textbook he’s co-authoring with Randall Wray, another leading MMT thinker. I thought I’d post a few brief excerpts from it, since they nicely summarize several core elements of MMT. The … Continue reading
Social Security: It’s About REAL Productive Capacity
I visited the MMT-oriented New Economic Perspectives web site today and found another of the animated videos produced by students in Eric Tymoigne’s modern money course at Lewis & Clark College (I’d posted a link to an earlier video here). The video focused … Continue reading
Evolving Human Systems 