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Brad DeLong에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Brad DeLong 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
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PODCAST: “Hexapodia” is þe Key Insight! XLV: Information Goods & þe Measurement of Economic Growth, wiþ Special Guest John Quiggin

49:06
 
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Manage episode 352178569 series 2922800
Brad DeLong에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Brad DeLong 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

Key Insights:

* Information really wants to be free—if it is not free, if it is “charged for” by advertising, or otherwise, you will get into a world of hurt.

* In the information age the capitalist mode of production has become a fetter on economic development and human flourishing: Friedrich Engels was right.

* We need free public-funded Mastodon < servers for everyone.

* No! We don’t!

* We need John back in the future, to talk about: (a) the euthanasia of the rentier, what is misnamed “secular stagnation” and the coming of a capital-slack economy.

* BitCoin, meme stocks, and so forth are a reflection of this capital-slack economy.

* We need John back in the future, to talk about how Elon Musk is a walking, talking, ranting, tweeting meme stock in human form.

* We need multiple measures of economic activity: never draw strong conclusions from only one.

* Xi Jinping’s plan to shut down social media and have more people building semiconductors to put inside missiles and killer robots does not appear, so far, a great success.

* The ratio of Google’s user value to its real factor cost is on the order of 20-to-1.

* Google’s huge market power and profit rate powers the greatest AI-innovation engine in teh world today.

* Hexapodia!

References:

* Ralph Bakshi: Wizards

* Sean Carroll & John Quiggin: Interest Rates and the Information Economy

* Friedrich Engels: Socialism: Utopian & Scientific

* Google: Sankey Diagram for Google

* John Quiggin: Capitalism without capital doesn't work: The future of the information (non) economy

* John Quiggin: The Not‐So‐Strange Death of Multifactor Productivity Growth

* Chad Syverson: Challenges to Mismeasurement Explanations for the US Productivity Slowdown

* Wall Street Journal: GOOG | Alphabet Inc. Financial Statements

* Wikipedia: Mastodon

* Wikipedia: Hermetic Order of the Golden Dawn

+, of course:

* Vernor Vinge: A Fire Upon the Deep <https://archive.org/details/fireupondeep00ving_0/mode/1up>

Get full access to Brad DeLong's Grasping Reality at braddelong.substack.com/subscribe

  continue reading

59 에피소드

Artwork
icon공유
 
Manage episode 352178569 series 2922800
Brad DeLong에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Brad DeLong 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

Key Insights:

* Information really wants to be free—if it is not free, if it is “charged for” by advertising, or otherwise, you will get into a world of hurt.

* In the information age the capitalist mode of production has become a fetter on economic development and human flourishing: Friedrich Engels was right.

* We need free public-funded Mastodon < servers for everyone.

* No! We don’t!

* We need John back in the future, to talk about: (a) the euthanasia of the rentier, what is misnamed “secular stagnation” and the coming of a capital-slack economy.

* BitCoin, meme stocks, and so forth are a reflection of this capital-slack economy.

* We need John back in the future, to talk about how Elon Musk is a walking, talking, ranting, tweeting meme stock in human form.

* We need multiple measures of economic activity: never draw strong conclusions from only one.

* Xi Jinping’s plan to shut down social media and have more people building semiconductors to put inside missiles and killer robots does not appear, so far, a great success.

* The ratio of Google’s user value to its real factor cost is on the order of 20-to-1.

* Google’s huge market power and profit rate powers the greatest AI-innovation engine in teh world today.

* Hexapodia!

References:

* Ralph Bakshi: Wizards

* Sean Carroll & John Quiggin: Interest Rates and the Information Economy

* Friedrich Engels: Socialism: Utopian & Scientific

* Google: Sankey Diagram for Google

* John Quiggin: Capitalism without capital doesn't work: The future of the information (non) economy

* John Quiggin: The Not‐So‐Strange Death of Multifactor Productivity Growth

* Chad Syverson: Challenges to Mismeasurement Explanations for the US Productivity Slowdown

* Wall Street Journal: GOOG | Alphabet Inc. Financial Statements

* Wikipedia: Mastodon

* Wikipedia: Hermetic Order of the Golden Dawn

+, of course:

* Vernor Vinge: A Fire Upon the Deep <https://archive.org/details/fireupondeep00ving_0/mode/1up>

Get full access to Brad DeLong's Grasping Reality at braddelong.substack.com/subscribe

  continue reading

59 에피소드

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