Anthony J. Pennings, PhD

WRITINGS ON DIGITAL ECONOMICS, ENERGY STRATEGIES, AND GLOBAL COMMUNICATIONS

US Legislative and Regulatory Restrictions on Deficit Spending and Modern Monetary Theory (MMT)

I outline some of the promise of MMT for the US while digging into several legislative and regulatory problems associated with enacting MMT policies long-term. I critique the MMT approach in the US because the movement has yet to adequately dissect what hurdles and limits keep the government from embracing MMT strategies. The major obstacles appear to be a series of legislative actions restricting deficit spending without corresponding borrowing through Treasury auctions.

Four Futures and the S-Curve

Dator’s Four Futures is a framework developed by futurist and educator Jim Dator. It presents four broad scenarios or perspectives on the future that can help individuals and organizations think about and plan for different possible outcomes. These scenarios provide a structured way to consider alternative futures and potential developments. The four generic alternative scenarios are: four generic alternative futures” (continuation, collapse, discipline, transformation). This post discusses the use of S-Curves with Dator’s scenarios.

Technostructural Stages of Global ICT for Development (ICT4D)

This post explores and outlines the following stages or phases of economic and social development utilizing information and communications technologies. The ICT acronym has emerged as a popular moniker, especially in international usage, for the digital technology revolution and is often combined with “development” to form ICT4D.

Weak Domestic Dollar, Strong Global Dollar

Currently the dollar is weak domestically and strong globally. In this post, I examine the dynamics of the US dollar and why it operates differently within the domestic US and globally.

MMT in a Post-Covid-19 Environment

We hear the term “printing money” a lot, usually by gold or bitcoin enthusiasts who believe in establishing strict financial constraints. By establishing “hard money” and limiting the quantity of money in an economy, they hope to see their assets rise in value while keeping prices down. Certainly, governments do print some of their money for public use, but the preponderance of funds are entries in digital ledger accounts.

US Technology Diplomacy

I’d like to cover three areas about US technology diplomacy. First, I want to talk about America’s domestic renewal. Then I will address some of the major US institutions managing technology diplomacy. The State Department has the prerogative for taking diplomatic leadership but the USTR and Commerce Department are also involved. Lastly, I want to end with some comments on “norms” in multilateral technology diplomacy, particularly the “securitization” of cyber technology.

The North-South Politics of Global News Flows

This research argues that the road for the international Internet and e-commerce was substantially paved by the attempts to free up the global flows of financial news and information needed for the new regime of digital monetarism.

ICT and Sustainable Development: Some Origins

I teach a course called ICT for Sustainable Development (ICT4SD) every year. It refers to information and communications technologies (ICT) enlisted in the service of cities, communities, and countries to help them be economically and environmentally healthy. An important consideration for sustainability is that they don’t impose on conditions or compromise resources that will be […]

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