Anthony J. Pennings, PhD

WRITINGS ON DIGITAL ECONOMICS, ENERGY STRATEGIES, AND GLOBAL COMMUNICATIONS

Times Square’s Luminescent News Tickers and Public Spaces

Times Square has a storied history as one of the planet’s more recognizable public spaces. Its “zipper” is an electronic news display that has reported and reflected our collective response to news events. It helped establish Times Square as the place to be when major events happen, as we are reminded every New Years Eve. […]

“Run to Goshen Regardless of Opposing Train”

The quote “Run to Goshen regardless of opposing train” by a superintendent for the New York & Erie Railroad marked an event that had a significant impact on US history, as it spurred the development of both railroads and the telegraph.

Black Friday and Thomas Edison’s Stock Ticker

The early life of Thomas Alva Edison provides a useful index of the times. It can be argued that Edison would probably not have rose to prominence without the financial turmoil of the late 1860s. Edison happened to be in New York during the famous gold speculation of 1869 that resulted in the “Black Friday” crash.

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 […]

Railroads and Western Union Connect a Continent

On October 24, 1861, Western Union Telegraph Company workers linked the eastern and western telegraph networks at Salt Lake City, Utah. Instantaneous telegraphic communication between Washington, D.C., and San Francisco was possible for the first time. Western Union soon absorbed both companies and became the first US corporation to span the nation.

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 […]

The Fedwire Network and Open Market Operations of the Federal Reserve

I’ve been studying financial technology since I did my masters degree on global money and telecommunications networks. One of the most intriguing examples is the US Federal Reserve’s Fedwire network. Probably the most secure data network in the world, it has been designed to provide a wide range of services for financial institutions such as […]

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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.