Posted by: Michael Mandel on May 04
In the new issue of BusinessWeek, I lay out the reasons why we may be on the verge of another tech/information/communications boom, driven by the consumer side of the economy.
This is not a very popular position these days. But the conventional wisdom about tech spending is often wrong. Go back to early 2000, and most people weren’t expecting a tech bust. Go back to the early 1990s, and tech stocks were stagnating and few in the industry were anticipating a decade-long boom.
Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.