May 112007

I just sent off the following letter to The New Yorker regarding the new economy: Steven Shapin, reviewing David Edgerton’s The Shock of the Old, (May 14, 2007)  cites the revenues of the largest corporations to argue there is no new economy. Sorry, that’s an old-economy measure, not unlike pointing to Queen Elizabeth II’s descent from ancient royal families to prove the old feudal system still dominates in England. People who measure economies don’t know [...]

Mar 212007

I just finished reading a very well-written, ingenious, and thought-provoking paper by Eric Goldman, “A Coasean Analysis of Marketing” (Santa Clara Univ. Legal Studies Research Paper No. 06-03) I’m flattered he tried to make use of attention economics. However, I do not agree with its conclusions, nor indeed some of its premises. I also do not believe he has taken what I have argued fully into account. Here are some cavils. Goldman takes it for [...]