Tag Archives: deficit

The currency of the New Economy won’t be money, but attention

Time to revisit the groundbreaking 1997 @mgoldh  paper in Wired “Attention Shoppers! The currency of the New Economy won’t be money, but attention”

As is now obvious, the economies of the industrialized nations – and especially that of the US – have shifted dramatically. We’ve turned a corner toward an economy where an increasing number of workers are no longer involved directly in the production, transportation, and distribution of material goods, but instead earn their living managing or dealing with information in some form. Most call this an “information economy.”