Re: Krugman looks back from 2096

From: Robin Hanson (rhanson@gmu.edu)
Date: Wed Jul 12 2000 - 11:31:22 MDT


Max More wrote:
>Overall, I find Krugman mostly okay. It's just, as I said before, that I
>don't think he really understands some of the changes in the economy very
>well. He may not have read recent good books in business theory. The best
>of the business theorists seem to grasp changes in business models due to
>new technologies better than most economists I've observed. So I would say
>futurists would do well to understand technology, economics, AND business
>theory. (Plus philosophy, culture...)

Who do you have in mind as "the best of the business theorists"?
I tend to think of business models as well within standard economics.
So in those terms Krugman might be faulted for not knowing enough
about a certain area of economics. My guess though is that these
business theorists you like are far from having established their
new business models to most economist's satisfaction.

Robin Hanson rhanson@gmu.edu http://hanson.gmu.edu
Asst. Prof. Economics, George Mason University
MSN 1D3, Carow Hall, Fairfax VA 22030
703-993-2326 FAX: 703-993-2323



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