205 | John Quiggin on Interest Rates and the Information Economy
Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
00:00
Shifting Paradigms in the Information Economy
This chapter analyzes the transition from physical capital to information as the primary driver of value in today's economy, highlighting the power dynamics of major tech companies like Google and Apple. It examines the implications of decreasing interest rates on investment strategies and economic growth, as well as the challenges posed to traditional capitalism and productivity metrics. Additionally, the chapter addresses the inequalities fostered by neoliberal policies that have emerged alongside the rise of the information economy.
Transcript
Play full episode
