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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