From Gold to G-20: Flexible Currency Rates and Global Power
This post discusses how the major industrialized nation-states organized to manage the transition from fixed exchange rates to the global, floating, digital trading environments that emerged in the 1970s and shaped the modern world.
Apple’s GUI and the Creation of the Microsoft’s Excel Spreadsheet Application
Microsoft’s famous spreadsheet application, Excel, was originally designed for Apple’s Macintosh personal computer. This post explores the beginning years of the personal computer and its transition to its more modern interface pioneered by Apple and its Macintosh computer. This transition opened the way for new software innovations, particularly the development of the Excel spreadsheet application […]
The Cyberpunk Genre as Social and Technological Analysis
While the 4 C’s are useful for genre analysis, they can also be helpful categories for socio-technical analysis. The typologies provide classification systems according to structural features that assist distinctions and interpretations. These have been used to examine the iconography of cyberpunk media, such as character types in graphic novels or set designs in films, to determine its adherance to the genre. But they can also help analyze the socio-technical aspects of manufactured products and processes. These include digitally-based services such as search engines or AI. The 4Cs provide convenient analytical categories for examining modern societies by providing conceptual tools on Computers/Cyberspace, Corporations, Criminality, and Corporeality.
THE EXPERIMENT, Part I: New Zealand as the World Model For Digital Monetarism
In 1992 I moved to New Zealand for my first academic position at Victoria University in Wellington. One of my major objectives was to research the privatization of the NZ telecommunications system. Starting “Down Under” One of the first “guinea pigs” for the global system of digital monetarism was New Zealand. A one-time leader in […]
Characteristics of Economic Goods and their Social Implications
Market theory is based a standard model where products are brought to market and are bought and consumed by an individual buyer, whether an individual or a more corporate environment. But some products are misbehaving economic goods. A variety of goods do not fit this economic model and as a result present a number of problems for economic theory, technological innovation, and public policy.
Assessing Digital Payment Systems
In digitally-mediated environments, new forms of currency and payment systems continue to gain public acceptance. Changes in technology, contactless options, and the ease of electronic payments make cash less desirable. While credit cards remain the most popular form of payment with some 70% of the market, other systems are emerging. PayPal, for example, is used […]
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.
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 […]
« go back — keep looking »