附註:Includes bibliographical references.
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.
摘要: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
