||3 of 4 people found the following review helpful.| Essential reading for anyone in the Information Economy|By Babkah|Finally, a book that explains what happened and where we're going. Abramson provides a lucid framework for understanding the dynamics of the information economy--a virtual theory of everything. Innovation isn't enough; bubble's are normal; a regulatory and legal framework is necessary for consistent advancemen|From Publishers Weekly|Abramson, a lawyer with a Ph.D. in computer science and an interest in microeconomics, has an explanation for the dot-com bubble's collapse based in classical economics: confused by network theorists, giddy investors assumed well-timed do
While we were waiting for the Internet to make us rich -- back when we thought all we had to do was to buy lottery tickets called dotcom shares -- we missed the real story of the information economy. That story, says Bruce Abramson in Digital Phoenix, took place at the intersection of technology, law, and economics. It unfolded through Microsoft's manipulation of software markets, through open source projects like Linux, and through the file-sharing adventur... [PDF.su69] Digital Phoenix: Why the Information Economy Collapsed and How It Will Rise Again (MIT Press) Rating: 3.91 (619 Votes)
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