Saturday, July 2, 2011

Shovel Ready and the Gain from Information

Information technology shock. When we plan large projects, we use the Internet. What's different? The value of continued planning is greater than current construction. The Open Source effect. Why write software in secret when publishing the source garners far more complete software systems.

What's different for government stimulus? They are allocated money under the old regime for projects planned under the new. The new information systems measure sustainability out farther, forcing more long term consideration, and project delay.

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