PREFACE There has been an Information Revolution and we are either living in an Information Society or are about to enter an Information Society. At least, so proclaim newspaper and magazine articles, as well as television and radio programmes. Popular books describe the 'death of distance'(Cairncross 1997) as well as the 'third wave' which is coming after the agricultural and industrial 'waves...

Why did the stock market decline so much in the early 1970’s and remain low until the early 1980’s? We argue that it was because information technology arrived on the scene and the stock-market incumbents of the day were not ready to implement it. Instead, new firms would bring in the new technology after the mid-1980’s. Investors foresaw this in the early 1970’s and stock prices fell right awa...

This is a short summary of a recent survey [FR03] focusing on the observed evidence, that Internet connectivity is positively correlated with spread of democracy at high levels of significance. The results of multivariate correlation analysis and probabilities regression estimate models are based on the combined analysis of mid 1991’s, to 2001 data series of the Eurostat’s and US Census Bureau,...

Gutenberg invented movable type. It took another 40 years for an entrepreneur named Aldus to assemble what created book publishing as we know it. Marconi invented radio exactly 100 years ago. It took another 25 years for entrepreneurs in Pittsburgh and New York to create broadcasting. It was through broadcasting that radio reshaped our lives. Scott Cook, Chairman, Intuit Forbes ASAP, October 9,...