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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 226.13

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To: GST who wrote (129502)	8/2/2001 11:58:36 AM
From: Alomex	Read Replies (2) of 164684

"There are almost none coming from economists in academia" Does it strike you as odd that there are none? The whole area hasn't received as much attention as it should have for and against. Here's a link to an academic report debunking the productivity paradox (known as Solow's paradox in academic circles). misq.org One should also mention that when sufficiently copious, anecdotal evidence does have scientific weight. In this particular case the amount of evidence pointing towards increases in productivity due to IT is so large, that the extraordinary claims of Robert Solow should have required extensive verification before any credence was due to them. Surprisingly, they were readily embraced by Economists in academia, not to talk about the media who jumped all over the story, yet never published the debunking follow ups of Brynjolfsson, Hitt and Tripplet among others.

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