Anthony J. Pennings, PhD

WRITINGS ON DIGITAL STRATEGIES, ICT ECONOMICS, AND GLOBAL COMMUNICATIONS

Origins of Currency Futures and other Digital Derivatives

Thus, it was fitting that Chicago emerged as the Risk Management Capital of the World—particularly since the 1972 introduction of financial futures at the International Monetary Market, the IMM, of the CME. – Leo Melamed to the Council of Foreign Relations, June 2004 International currency exchange rates began to float in the post-Bretton Woods environment […]

America’s Financial Futures History

In his book, Nature’s Metropolis, (1991) William Cronen discussed the rise of Chicago as a central entrepot in the formation of American West. The city was strategically located between the western prairies and northern timberlands and with access routes by river and the Great Lakes. As a dynamic supplier of the nation’s food and lumber […]

Fed Watcher’s Handbook is on Amazon

The world is abuzz with talk about US Federal Reserve and whether it will raise interest rates in September. Interest rates have hovered near 0 percent since 2008, and a rate hike to .25% or .5% is possible. Analysts are asking basic questions: Is the economy strong enough? What do we make of economic problems […]

Lotus Spreadsheets – Part 5 – Numeracy and the Power of Zero

Previously, I explored the electronic spreadsheet as a meaning-making application that was central to the financial explosion of the 1980s and its economic aftershocks. Spreadsheets framed and produced information and meaning consequential to monetary and organizational practices as they became part of the daily routines of information workers. In my last post, I explored the […]

Lotus Spreadsheets – Part 4 – Symbols and Lists as Administrative Technologies

Spreadsheets like Lotus 1-2-3 were designed to facilitate organizational coordination and activity by setting up relationships between symbolic and material resources. Using a grid structure, spreadsheets achieve their efficacy by combining the following components: symbolic representation; lists; tables; cells and; formulas. In this post I will examine how the first two components, symbolic representations and […]

Gold, Greenbacks and Invention of Electric Indicators for Financial News

Discovered first at Sutter Creek, California, the precious metal introduced a new flow of currency and capital into the US economy. The challenges brought on by the new wealth set in motion technological changes as well. The telegraph was bringing in a new age of electrical innovation, and one of its first creations was the gold indicator.

Telegraphic Communications and the Emergence of Wall Street

This is from an ongoing side project I’m about to publish Telegraphy, Tabulation, and Time-Space Power: Information Technology and Financial News in Early America. Capital markets have long sold themselves as vehicles for capital movement and liquidity. They aggregate wealth from a wide geographical area and make it available at a fixed locale. They also […]

Thirty-Five Activities Media Degrees Should Anticipate in Digital Work Environments

I have been working on some projects looking at curriculum that combine media and business. Below is a list of activities that are prevalent in work environments organized around digital technologies. 1) Managing creative work and digital innovation 2) Assessing digital threats and opportunities 3) Understanding global media and cultural trends 4) Marketing content and […]

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  • About Me

    Professor and Associate Chair at State University of New York (SUNY) Korea. Recently taught at Hannam University in Daejeon, South Korea. 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, media economics, and strategic communications.

    You can reach me at:

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

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