About This Blog
EconAir is an economics and political blog containing about 200 essays and posts written mostly by Bennett Greenberg, a retired professor of economics with experience teaching across the full undergraduate economics curriculum as well as related disciplines such as economic history, business strategy, finance, and political economy. Experience includes economist and corporate planning manager for three S&P500 companies, consultant to small businesses, brokering a large acquisition, managing director of a small company, and board member of five nonprofits. Since retirement, also interested in political and economic lessons from historical examples. The central theme of this blog is that innovation and information are the driving forces of economic development, economic growth, competition, and market structure. Modern capitalism is best understood as a dynamic process, not a static system of markets tending toward equilibrium. The Industrial and Digital Revolution...