July 2023 – Economics of Information Society

Transition to the information society (Part 2: Disruptive effects of transparency)

Transition to the information society (Part 2: Disruptive effects of transparency) Phuah Eng Chye (8 July 2023) “The destination to an information society can only be reached by following the path of transparency. In this regard, economic advancement has always been accompanied by rising levels of transparency. But as societies became more transparent, the harms … “Transition to the information society (Part 2: Disruptive effects of transparency)”

Phuah Eng Chye

I was formerly a securities regulator and equities analyst. I started writing these articles (and a book) because I felt that there were a lot of economic theories that didn’t seem to match up to the realities we are facing. This also means that a lot of policies (based on these theories) are wrong. So I’ve tried to make sense of how things worked based on the paradigm of an information society. Its a challenging topic and difficult to pin down. This means I have had to explore issues over a wide range of policy areas. Over the next few months, I will cover the service economy, the sharing economy, household and work structures before moving onto policy issues on the anorexic economy (role of corporates, basic income, housing affordability) and the financialisation process (capital, monetary policy, securities regulation).

Date	Article/Event
29 June 2024	The dismal decade (Part 6: Driving forces and 2030 scenarios)