Skip to Content
The Macroeconomics of the Global Technology Economy
book

The Macroeconomics of the Global Technology Economy

by Howard A. Rubin
January 2012
Intermediate to advanced
20 pages
40m
English
Pearson
Content preview from The Macroeconomics of the Global Technology Economy

Your “Personal” Technology Economy

Let’s start with some time travel and go back to 1980. Jimmy Carter was president. (Walter Mondale was vice president.) The Dow Jones swung between 759 and 1,000. Federal spending was a mere $591 billion, with a national debt of $909 billion, and unemployment was 5.8%.

And as for the basics, the median household income was $17,710 (as compared to $46,324 in 2010), a first-class stamp was $.15 ($.44 today), the average new home cost $76,400 ($272,300 in 2010), and a gallon of gas was $1.25.

As for the personal technology economy—the technology a person used in their daily, non-work life—that cost about $132 per year. It covered the cost of telephone and the “market data feed” (printed newspapers). That totals ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Macroeconomics of the Global Technology Economy, The: Mastering Your Technology Economy for Competitive Advantage

Macroeconomics of the Global Technology Economy, The: Mastering Your Technology Economy for Competitive Advantage

Howard A. Rubin

Publisher Resources

ISBN: 9780132963831