ging interest rates show). I think that the Internet has leveled the playing field for a lot of people. What the author doesnt talk about that I think that is important to this discussion is the ability of someone to create a service or product and market it over the internet with little or no capital. There isnt a lot of analysis on how this new type of industry affects the economy. This type of market has never existed before, and relying on past models to predict how the economy is going to act does not work. While there are some similarities of traditional types of commerce and this new so-called e-commerce, there are also many glaring differences.According to some industry experts, having a lot of capital on hand can be less of an asset and more of a liability because of the fast depreciation of products that are technologically advanced. There are also many intangibles besides the main aspects of which the author speaks about. Where speed and availability of information does affect productivity, there are other variables, some which are defined, some which may never be defined. The questions the author leaves us with are the same that he started the article with, which, as I explained earlier, never seem to get answered. While I understand that the answer to the questions are not available and the whole point of the article was to point out the shortcomings of current economic theory when it comes to information technology, at least a conclusion or even a speculation would have been nice.The questions left that are the most intriguing to me is how has this new information technology affected productivity among other economic quantifications, as well as what is going to happen to the economy because of the rapid expansion of this technology?...
