Anthony J. Pennings, PhD

WRITINGS ON DIGITAL STRATEGIES, ICT ECONOMICS, AND GLOBAL COMMUNICATIONS

Diamonds are a World’s Best Friend? Carbon Capture and Cryptocurrency Blockchains

Instead of mining gold or even Bitcoin, why not move to a diamond standard? Why not use diamonds from carbon recaptured from the atmosphere? Instead of “conflict diamonds,” why not have “climate diamonds?” Can diamonds replace gold and back other currencies?

Modern Monetary “Practice” and the Fear of Inflation in a Low-Supply Economy

So the economy looks to be at risk in late 2021. Will the practical application of MMT provide operational guidance for a new era of prosperity? Can infrastructure and climate change solutions provide sufficient returns on these investments? The big question is whether government spending for such programs can avoid significant inflationary pressures?

Thomas Edison Builds the Universal Ticker-Tape Machine

Electricity was being harnessed to expand finance’s reach throughout the country and across the seas. New networks of telegraphed information and news added both layers of certainty and volatility to Wall Street and for investors around the world. Edison’s inventions and patents helped solidify these technological innovations and the financial practices and provided the means for him to escape New York and set up his laboratories and facilities for creative innovation and manufacture.

Show-Biz: The Televisual Re-mediation of the Modern Global Economy

Media industries “show” business and finance through various camera, editing, and special effects techniques, drawing in data from many sources and presenting them on different windows of high-resolution screens. These techniques create ways of seeing and showing the economy. Consequently, they influence public opinion as well as investment and trading strategies that shape global, local, and national economic activities and investment patterns.

Digital Spreadsheets as Remediated Technologies

The digital spreadsheet was designed as an electronic document in which data was arranged in the rows and columns of a matrix and could be manipulated and used in calculations. It combined listing, tabling, and other formulaic calculations to create a new imaginative technology that transformed modern finance and the management of organizations – large, and especially the small.

COVID-19 and US Economic Policy Responses

In this post, I look at how the Federal Reserve and Congress addressed the economic ramifications of the emerging pandemic in 2020.

FROM NEW DEAL TO GREEN NEW DEAL, Part 1: Roosevelt Saves Capitalism

“I pledge you, I pledge myself, to a new deal for the American people.” – FDR in the summer of 1932. Recent discussions about a proposed Green New Deal encouraged me to review some of my notes on the original New Deal and if it could provide relevant insights into our current situation. The New […]

The Spreadsheet that Fueled the Telecom Boom – and Bust

“I had built a model in an Excel spreadsheet that translated what our sales forecast was into how much traffic we would expect to see,” he says. “And so I just assigned variables for those various parameters, and then said we can set those variables to whatever we think is appropriate.” – Tom Stluka, Worldcom […]

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  • About Me

    Professor at State University of New York (SUNY) Korea since 2016. Moved to Austin, Texas in August 2012 to join the Digital Media Management program at St. Edwards University. Spent the previous decade on the faculty at New York University teaching and researching information systems, digital economics, and strategic communications.

    You can reach me at:

    apennings70@gmail.com
    anthony.pennings@sunykorea.ac.kr

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  • Disclaimer

    The opinions expressed here do not necessarily reflect the views of my employers, past or present.