How information alters economic concepts

How information alters economic concepts Phuah Eng Chye (25 May 2019) Information always had a key role in societal advancement. However, its role was overshadowed by the visible pre-eminence of machines and technical knowledge in expanding physical infrastructure and production. The status of information has changed recently. The advent of technologies such as the internet, … “How information alters economic concepts”

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Critique of information

Critique of information Phuah Eng Chye (11 May 2019) “The global information order itself has, it seems to me, erased and swallowed up into itself all transcendentals. There is no outside space any more for such critical reflection. And there is just as little time. There is no escaping from the information order, thus the … “Critique of information”

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Defining the information society

Defining the information society Phuah Eng Chye (27 April 2019) Societies undergo stress from discontinuous change. The manufacturing sector shrinks and populations age as the physical is replaced by the intangible. Radical departures from traditional norms, behaviours and organisational structures cause disruption and social dislocation. Paradigms function as the lenses that we peer through to … “Defining the information society”

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Additional references: Service and sharing economy, Organisation of households

Additional references: Service and sharing economy, Organisation of households Phuah Eng Chye (30 March 2019) Services economy Manoj Atolia, Prakash Loungani, Milton Marquis, Chris Papageorgiou (28 September 2018) “Rethinking development policy: Deindustrialization, servicification and structural transformation”. IMF. https://www.imf.org/en/Publications/WP/Issues/2018/09/28/Rethinking-Development-Policy-Deindustrialization-Servicification-and-Structural-46253 This paper reviews theories on structural transformation and discusses issues relating to premature deindustrialization and the middle-income … “Additional references: Service and sharing economy, Organisation of households”

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Future of work: Strategy roadmap for labour

Future of work: Strategy roadmap for labour Phuah Eng Chye (16 March 2019) The most pressing question in the future of work is how to fix a broken labour market. Large industrial employment and traditional labour regulation grew up alongside each other and both are in tatters. Traditional employment is being replaced by transient and … “Future of work: Strategy roadmap for labour”

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Future of work: Job destruction, income constraints and information

Future of work: Job destruction, income constraints and information Phuah Eng Chye (16 February 2019) Job destruction is accepted as an inevitable consequence of creative destruction; the destruction of the old to make way for the new. Creative destruction is made palatable by the many new products and conveniences that represents progress. Could you imagine … “Future of work: Job destruction, income constraints and information”

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