tag:blogger.com,1999:blog-32914592.post4129038624028476422..comments2024-02-21T14:18:09.212-08:00Comments on R World: The Post-Information, Post-Revolutionary Entrepreneurial EconomyRon Davisonhttp://www.blogger.com/profile/11972794876337195698noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-32914592.post-88905985890274795412007-11-13T13:02:00.000-08:002007-11-13T13:02:00.000-08:00Ron, I was joking about the name :)None of the fun...Ron, I was joking about the name :)<BR/><BR/>None of the fundamental principles of the economy have changed, so the adjective "new" and the version number are just stupid pretence :)<BR/><BR/>As for systems change: today we have a system whose agents are better interconnected and signals and feedback travel faster than 250 years ago. The social network "CPU" is running at a higher frequency. Change in future, therefore, should consume less "processor" time.<BR/><BR/>Perhaps you could think of a law akin to Moore's that applies to the speed of social change :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32914592.post-53761346369208817492007-11-13T11:46:00.000-08:002007-11-13T11:46:00.000-08:00Vlad,I'm a little hesitant about the name - Busine...Vlad,<BR/>I'm a little hesitant about the name - Business 2.0 didn't fare too well at the newstands. <BR/><BR/>Systems change is a slow, laborious process. It's sad to remember that there was about a 100 year gap between the Glorious Revolution and John Locke's writing (that inspired so many of our founding fathers) and the time we ratified the U.S. constitution.Ron Davisonhttps://www.blogger.com/profile/11972794876337195698noreply@blogger.comtag:blogger.com,1999:blog-32914592.post-75922971647946382022007-11-13T01:06:00.000-08:002007-11-13T01:06:00.000-08:00Ok, deal :)How about calling the seminar "The New ...Ok, deal :)<BR/><BR/>How about calling the seminar "The New Economy 2.0" :)))<BR/><BR/>My immediate plan is to test the concept in a existing business. Five months ago I nearly got to this point, but it didn't happen because a friend of mine, person X decided not to leave his job at Y to become CEO at Z (the company in question).<BR/><BR/>This month I'll put some time aside to write a simple program for the transactions management so that at least in terms of software I'm prepared for such an experiment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32914592.post-73766191023995763862007-11-12T07:26:00.000-08:002007-11-12T07:26:00.000-08:00Vladimir,Indeed, your transaction company and my e...Vladimir,<BR/>Indeed, your transaction company and my entrepreneurial economy do have lots of overlap, lots of compatibility. Whoever gets the new economy seminar going first will have to invite the other as a speaker. <BR/><BR/>A glut of information doesn't make one prescient. Wall Street has been abuzz with mortgage bubble talk for a year, but no one really knows just when this kind of thing will happen. What's the gradation - data to information to knowledge to understanding to wisdom? (Might be time to post about that.)<BR/><BR/>LH, <BR/>I would say that there is plenty of reward for being an entrepreneur - and plenty of risk. It is true that government regulations can make the already complex act of starting a business onerous to an individual. More could be done to simplify the process, but I don' think that more needs to be done to make it more rewarding.Ron Davisonhttps://www.blogger.com/profile/11972794876337195698noreply@blogger.comtag:blogger.com,1999:blog-32914592.post-17978328765156031322007-11-11T16:05:00.000-08:002007-11-11T16:05:00.000-08:00Ron, your posts on this topic are always interesti...Ron, your posts on this topic are always interesting and hopeful. We all would like to see our society evolve to a higher state of increased autonomy for the individual.<BR/><BR/>From my point of view, it is a bit ludicrous that we Americans see ourselved as living in the "land of the free". In fact, our own government and its extensions such as the public education system appear to me to be the primary impediments limiting personal autonomy and entrepreneurship.<BR/><BR/>If we want to see more autonomy and entrepreneurship in the U.S., our government needs to make rewarding those things a priority. But at present, government regulation over everything from what being "educated" means to what constitutes a "house" severely limits the creativity of our citizens.<BR/><BR/>Ron Paul has a lot to say, and I'm glad he's getting some exposure for his common sense views on many issues.Life Hikerhttps://www.blogger.com/profile/00183254858386081439noreply@blogger.comtag:blogger.com,1999:blog-32914592.post-61605462855000673432007-11-10T11:11:00.000-08:002007-11-10T11:11:00.000-08:00I'm glad to read that you think in the lines of Th...I'm glad to read that you think in the lines of The Transaction Company. Whatever the name, this is the way forward :-)<BR/><BR/>But hey, do you seriously believe that we live "in a world with a glut of information"? <BR/><BR/>If this was true, then how come the banks and the financial markets didn't have information to see the current US mortgage bubble coming? And still don't know the exact extent of the problem?<BR/><BR/>How come the world got fooled that Iraq had nuclear WMD?<BR/><BR/>And a lot of other things in this line of thought ;-)Anonymousnoreply@blogger.com