Preface to The Digital Economy : 20th Anniversary Edition

Not everything I’ve written holds up well. I’d love to retract the Enron case study from one of my books, or at least add in the sentence: “Note to Enron leadership—don’t commit fraud.”

But in rereading The Digital Economy for this 20th Anniversary Edition I’m struck by how the book has withstood the test of time. I’m also struck by how far we’ve come since then.

The book was published in 1995. Flash back to the fall of 1994 when I was writing the book. Netscape, the first commercial Web browser, was released in October of that year and the first Web sites had started to appear. Web sites only published content and none did transactions. People accessed the Internet and the Web through ...

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