Anthony J. Pennings, PhD

WRITINGS ON DIGITAL ECONOMICS, ENERGY STRATEGIES, AND GLOBAL COMMUNICATIONS

Healthcare IT and the American Recovery and Reinvestment Act of 2009

Within weeks of his inauguration, President Obama signed the American Recovery and Reinvestment Act of 2009, abbreviated ARRA, as part of a $787 billion stimulus package to help revive the ailing economy.[1] The nation was teetering on the edge of economic ruin brought on by the repercussions of a highly leveraged global securitization and credit default scheme that had collapsed with the inflated housing market.

Visiting the Future of the Panama Canal

A relevant question for 2022 is whether shipping ports have prepared sufficiently for increased container traffic? Have ports such as Baltimore, Charleston, Los Angeles, Miami, New York, Philadelphia, Portland, and Virginia, modernized their facilities to become “big ship ready”? Ships anchored offshore, containers piling up on docks, long-haul trucks queuing for hours to get to the containers suggest they have not.

The Price of Neglect

I don’t always agree with Tom Friedman but the guy thinks about important questions and is an active contributor to major economic debates. Lately he has been promoting his new book with Michael Mandelbaum on the American predicament called That Used to be US: How America Fell Behind in the World It Invented and How […]

All Watched Over by Heroes of Loving Grace

I took an interest in the BBC documentary by Adam Curtis called All Watched Over by Machines of Loving Grace, named after American poet Richard Brautigan’s publication of the same name. What was emerging was a new cultural era of self-based “heroic” philosophies espoused by a divergent group of proponents. These included: authors such as Rand and George Gilder (Wealth and Poverty); economists such as Arthur Laffer, who championed supply-side economics and Milton Friedman of the Chicago School; and Self-help gurus such as Scientology’s L. Ron Hubbard, est’s Werner Erhard and fire-walker Tony Robbins. Even heroic popular culture icons in Star Wars and the Superman movies helped characterize the new era.

G-8 Declares Support for Internet’s Role in Democratic Movements

The G8 Declaration: Renewed Commitment for Freedom and Democracy May 26-27, 2011 (released on May 27, 2011) The Group of 8 nations (G-8) recently met in Deauville, France and among other issues, affirmed the role of the Internet. The Obama administration has taken a more multilateral approach to world affairs than the previous administration and […]

Common Carrier Law and Net Neutrality

Rather than reliance on the First Amendment that guarantees the right of free speech, telecommunications law developed partially from the Constitution’s requirement “To establish Post Offices and Post Roads,” but mainly from commercial law developed to protect the rights of consumers as well as suppliers. Legally, both railroad and telegraph technologies came to be designated as “carriers.”

The Smith Effect I: Markets, Governments, and the Rise of Information Technologies

The “Smith Effect” resulted in new ways to analyze the social field and the overlap between economic, social and political spheres. Smith was an important critical theorist in his rejection of mercantile thought and his writings were a forerunner of modern political economy. Two major bodies of economic analysis would emerge from Smith’s writings. One was the classical liberal tradition that combined Smith’s anti-mercantile stance with an increasing emphasis on empirical and quantitative calculation. The other body of analysis was the Marxist tradition that drew its investigation from Smith’s concern for the worker and the processes of valuing commodity forms and accumulating capital.

What does it mean to live in an IT-ruled society?

How can tensions between centralization and decentralized forms of authority and control be reconciled? What organizational forms can facilitate economic growth, maintain sustainable environments, and provide abundant opportunities for creative participation and productivity?

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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.

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    apennings70@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.