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Walter B. Wriston, "Bits, Bytes, and Balance Sheets: The New Economic Rules of Engagement in a Wireless World"
Publisher: Hoover Inst Pr | 2007 | ISBN 0817948619 | PDF | 160 pages | 2.6 MB
This follow-up to the author's "Twilight of Sovereignty" explores the consequences of the changes produced by the new economy of the Internet, defining the new rules and examining some of the promising initiatives under way to create a system of measuring and valuing assets that reflects our new economic realities. Wriston shows that, in today's economy, intellectual capital is more important than physical capital--and, in fact, that the very source of wealth and how it is created has changed--and that businesses must adapt to this change or perish. And, he argues, it is not more laws that should form the basis for regulating the new economy but the personal ethics of good people.
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