عنوان

Digital deflation :

(Number (ISBN

0071389679

(Number (ISBN

1280229160

(Number (ISBN

9780071389679

(Number (ISBN

9781280229169

Erroneous ISBN

0071376178

Erroneous ISBN

9780071376174

Number

b750594

Title Proper

Digital deflation :

General Material Designation

[Book]

Other Title Information

the productivity revolution and how it will ignite the economy /

First Statement of Responsibility

by Graham Tanaka.

Place of Publication, Distribution, etc.

New York :

Name of Publisher, Distributor, etc.

McGraw-Hill,

Date of Publication, Distribution, etc.

©2004.

Specific Material Designation and Extent of Item

1 online resource (xiv, 418 pages) :

Other Physical Details

illustrations

Text of Note

Includes bibliographical references.

Text of Note

Mysteries, puzzles, and paradoxes of the new economy -- Solving the mystery : missing productivity and the great inflation mismeasure -- The theory of digital deflation : faster, better, cheaper -- Why the old models didn't work in the 1970s and 1980s -- Why economists have difficulty explaining the new economy -- Redefining the new economy -- New models for the new economy -- The wealth in our future -- The new economy stock market -- Monetary policy : new "speed limits" for the FED -- Fiscal policy and better data in a digitally deflating world -- Wise investing in the new economy -- Digital democracy : globalization of the new economy -- Threats and opportunities : making the world a better place -- Closer to deflation than you think -- Fireside chat interviews with creators of digital deflation.

0

Text of Note

Robert Shiller's "Irrational Exuberance" contends that the stock market is a massive bubble. In "Digital Deflation", Graham Tanaka takes Shiller to task, flatly contradicting everything Shiller says. The author backs up his contention with hard evidence based on the numbers, using numerous charts and graphs to illuminate key points.; The digital revolution has changed everything in today's economy, dramatically increasing productivity and changing our lives in innumerable ways. Advances in digital technologies have created a new phenomenon the author calls "digital deflation", which is the improvement in price and performance of products and services due to advances in digital technologies. Digital deflation results from constantly improving technologies that give consumers better products faster and at less cost. This increasing productivity (performance has improved at a rate of 40% per year for the past 30 years) will continue for a least the next ten years and possibly longer. Unfortunately, the federal government uses old-economy yardsticks to measure this rapidly growing economy, inadvertently overstating inflation and understating economic activity and productivity, while at the same time making the digital effect on the economy difficult to measure and understand.; "Digital Deflation" explains this new economy, how we got to where we are today, and where the new economy is headed. The author shows that it is critically important to understand the drivers - the basic elements and technologies that are the foundation upon which this revolution is built. The book explains digital technology development cycles and why there is strong evidence that this pace of change will continue. The book provides a clear, concise understanding of how the new economy works and how these technologies will improve product cycles, thus affecting market demand, product development, manufacturing, sourcing, distribution and pricing. The book explores the massive implications of the digital revolution for business managers, consumers and investors.; Because of these changes, the digital revolution will have significant long-term effects for the stock market. Improvements in technology lead to higher productivity, which increases corporate profits and leads to higher stock prices. "Digital Deflation" discusses how to invest in this new, more volatile economy and it identifies the types of companies that will be the enablers and beneficiaries of the digital revolution. The author names specific companies to invest in: Intel (hardware), Microsoft (software), Cisco (optics), AOL (Internet) and GE (old economy company transforming itself). The author discusses the specific benefits this new economy will bring to individual investors and predicts what the next 10 to 20 years will bring for the economy and the stock market. The author also presents a new economic model and new methodologies for more accurately measuring real economic activity in the new economy, thus improving investment decisions.

Source for Acquisition/Subscription Address

OverDrive, Inc.

Source for Acquisition/Subscription Address

OverDrive, Inc.

Stock Number

341D0C9E-9C6F-40F1-BB45-4A26722B72E1

Title

Digital deflation.

International Standard Book Number

0071376178

Deflation (Finance)-- United States.

Digital divide-- Economic aspects-- United States.

Industrial productivity-- Effect of technological innovations on-- United States.

Technological innovations-- Economic aspects-- United States.

BUSINESS & ECONOMICS-- Economic Conditions.

BUSINESS & ECONOMICS-- Economic History.

BUSINESS & ECONOMICS-- Economics-- Comparative.

Deflation (Finance)

Economic policy.

Industrial productivity-- Effect of technological innovations on.

POLITICAL SCIENCE-- Economic Conditions.

Technological innovations-- Economic aspects.

United States, Economic policy, 2001-2009.

United States.

0

7

BUS-- 022000

BUS-- 023000

BUS-- 069010

KCA

POL-- 023000

Number

Edition

Class number

Book number

Tanaka, Graham Y.

Date of Transaction

20201204102058.0

Cataloguing Rules (Descriptive Conventions))

pn

Electronic name

[Book]

Y