Information rules (Part 2: Capitalism, democracy and the path forward)

Information rules (Part 2: Capitalism, democracy and the path forward) Phuah Eng Chye (21 November 2020) Information rules and capitalism Information rules, particularly those that codify rights, play a critical role in shaping social relations and reinforcing ideological beliefs. Katharina Pistor points out the coding of assets “have characterized the evolution of capitalism over the … “Information rules (Part 2: Capitalism, democracy and the path forward)”

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Information rules (Part 1: Law, code and changing rules of the game)

Information rules (Part 1: Law, code and changing rules of the game) Phuah Eng Chye (7 November 2020) Every age has its potential regulator, its threat to liberty. Our founders feared a newly empowered federal government; the Constitution is written against that fear. John Stuart Mill worried about the regulation by social norms in nineteenth-century … “Information rules (Part 1: Law, code and changing rules of the game)”

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Hayek: Economic models in the context of a pandemic and the information society

Hayek: Economic models in the context of a pandemic and the information society Phuah Eng Chye (24 October 2020) During the 1940s when scientific planning, conscious organization of industry and socialism were fashionable, Friedrich A. Hayek argued it was a fallacy to believe a whole economic system could be directed “according to one unified plan”. … “Hayek: Economic models in the context of a pandemic and the information society”

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Hayek: The coordination problem, prices and information

Hayek: The coordination problem, prices and information Phuah Eng Chye (10 October 2020) “The peculiar character of the problem of a rational economic order is determined precisely by the fact that the knowledge of the circumstances of which we must make use never exists in concentrated or integrated form but solely as the dispersed bits … “Hayek: The coordination problem, prices and information”

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Economics of data (Part 6: Data and poverty eradication)

Economics of data (Part 6: Data and poverty eradication) Phuah Eng Chye (26 September 2020) Poverty eradication remains an overarching objective. The United Nation’s Sustainable Development Goals calls for the ending of extreme poverty by 2030. Martin Ravallion notes poverty is perceived as “the most morally objectionable aspect of inequality, stemming mainly from economic and … “Economics of data (Part 6: Data and poverty eradication)”

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Economics of data (Part 5: Tax policies)

Economics of data (Part 5: Tax policies) Phuah Eng Chye (12 September 2020) Data abundance is a prerequisite for and an outcome of scaling the levels of monetisation and exchange in society. But it also leads to the concentration of data ownership and the dominance of a handful of global platforms. This trend has broad … “Economics of data (Part 5: Tax policies)”

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