TY - BOOK AU - Alcaly, Roger. TI - The new economy SN - 97803745329222 AV - HC 110 .I55 .A43 2003 PY - 2003/// CY - New York, New York PB - Farrar, Straus and Giroux KW - Información KW - Tecnología KW - Innovaciones tecnológicas KW - Condiciones económicas KW - Estados Unidos N1 - Preface to the paperback edition, xi --; Introduction, 3 --; From the new industrial State to the new economy, 6 --; Schumpeter's Vision, 14 --; 1. Is there a new economy?, 17 What makes an economy new?, 20 --; Productivity growth over the last two centuries, 25 --; The productivity paradox, 35 --; What caused the revival of productivity growth?, 38 --; Will it last?, 43 --; 2. Why did it take so long?, 52 --; Building a critical mass, 55 --; A brief history of the transistor, 60 --; Learning to use new technologies: electric power, 67 --; Measuring economic change, 74 --; 3· The changing of the guard, 81 --; Galbraith's new industrial State, 83 --; The dangers of aggressive extrapolation, 86 --; The fall of the new industrial State, 91 --; Addendum: Galbraith, Schumpeter, and the convergence hypothesis, 115 --; 4. New ways of working, 120 --; From ford to dell: mass production to mass customization, 122 --; New technology and new business practices, 132 --; Lean production: a new manufacturing model for the new economy, 138 --; Technology, worker skills, and new work practices, 146 --; Addendum: The mixed record of ESOPs, 154 --; 5· The Stock market and the new economy, 161 --; First principles, 166 --; Caveats and exceptions, 170 --; Bubbles, misleading accounting, and shady dealing, 177 --; Reversion to the mean, 191 --; New investors and new companies, 196 --; 6. Junk bonds and takeovers, 204 --; Mergers and acquisitions in the 1980s and 1990S, 209 --; The revival of the junk-bond market, 212 --; Developing a network of investors, 215 --; The hugely profitable deals of the early and mid-1980s, 219 --; Mania, prosecutions, and collapse, 223 --; Was it worth it?, 229 --; 7· Better monetary policy, 235 --; The federal reserve system, 238 --; The Volcker years, 246 --; The Greenspan era, 251 --; Conclusion: Looking forward, 263 --; Notes, 277 --; Acknowledgments, 313 --; Index, 315 ER -