Anthony J. Pennings, PhD

WRITINGS ON DIGITAL STRATEGIES, ICT ECONOMICS, AND GLOBAL COMMUNICATIONS

Digital Spreadsheets – The Time-Space Power of Accounting, Part 1

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. While the spreadsheet handles various types of information, accounting information is some of the most effective and its power is accelerated by an organization’s information technology.

Digital Spreadsheets – Part 5 – Ease and Epistemology

To pick up the story, I started this analysis of the spreadsheet looking at the emergence of Lotus 1-2-3 within the context of the 1980s. This included the importance of the personal computer and the Reagan Revolution – characterized the by the commercialization of Cold War technologies and the globalization and increasing financialization of individual […]

Black Friday and Thomas Edison’s Stock Ticker

This post continues the story about gold and the greenback dollar and how their trading dynamics led to the invention of some early electro-mechanical technology to indicate financial prices. During the height of speculative activity in 1869, a young telegrapher named Thomas Edison came to Wall Street and made a fortune. He didn’t make it […]

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 […]

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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.