Re: Krugman looks back from 2096

From: Robin Hanson (
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
Asst. Prof. Economics, George Mason University
MSN 1D3, Carow Hall, Fairfax VA 22030
703-993-2326 FAX: 703-993-2323

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