intangibility – Economics of Information Society

Future of work: The effect of intangibility on work

Future of work: The effect of intangibility on work Phuah Eng Chye (11 August 2018) New information capabilities open the path to new ways of producing and consuming and to the creation of new products and services. Maximising the benefits from innovation requires changes in the way work and society is organised. Usually businesses move … “Future of work: The effect of intangibility on work”

The significance of information effects

The significance of information effects Phuah Eng Chye (15 July 2017) I have adopted a simple approach to evolving paradigms for the information society. I start by examining how improvements in information production and use alter economic behaviour. In this regard, societal evolution has been driven by innovations such as languages, books, the telegraph, telephone, … “The significance of information effects”

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
27 April 2024	The dismal decade (Part 5: China and Japanification risks)