Monthly Archives: June 2013

NSA scandal is about property, not privacy

Quick comment on NSA data-mining: Despite the way Glenn Greenwald helped frame it, the NSA data-mining story is ultimately about property not privacy — namely, intellectual property. If consumers of social media are to enjoy autonomous and unambiguous privacy, as … Continue reading

Posted in advanced capitalism, hard data, intangible assets, intellectual property, Media and knowledge, political sociology, politics, qualitative sociology of economics and politics, Symbolic data, the database, theoretical drivel | Leave a comment

Economic optimism mounts: Krugman, Klein, and Harding

There is a growing sense of optimism around the US economy, as evidenced by both the general beliefs of people and the particular beliefs of experts. First, the most recent measurement of consumer confidence is reported to have hit multi-year … Continue reading

Posted in 2007-2012, economic recovery, macro-economics, money and finance, qualitative sociology of economics and politics, the great contraction, the great contraction 2007-2012 | Leave a comment

Why changes to intellectual property valuation matter

As I wrote last night, this blog will report and comment on the BEA’s decision to revise the way it measures GDP. The BEA’s goal is to better account for the real value of intellectual property in the US economy. … Continue reading

Posted in accounting, advanced capitalism, intangible assets, intellectual property, macro-economics, sociology, theoretical drivel | 1 Comment

More intellectual property wealth will soon be accounted for

As I wrote about earlier in the week, starting July 31 2013, the Bureau of Economic Analysis will change the way it “accounts for” intellectual property in its measurement of gross domestic product (GDP). The changes will place greater value … Continue reading

Posted in accounting, advanced capitalism, economic recovery, hard data, intangible assets, intellectual property, macro-economics, theoretical drivel, Uncategorized | 1 Comment