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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...

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POSTS CATEGORIES (POSTS WITH LINKS ARE BLUE AND LISTED BELOW) Overview of the Blog The Beginning of the Modern Global Economy:  The Economic Rise of England Before the Industrial Revolution The Beginning of the Industrial Revolution in England and America The theme of the following five sections of the blog is that innovation and information, not price competition, are the main factors for understanding economic growth, competition, market structure and analysis. Basic Concepts and Theory Corporate Strategies And Management Market Behavior and Structure Market Dynamics and Information:  How Markets Work Economic Theory and Markets There is beginning a historic change in future populations and their demographics. This will interact with other variables and have a serious, maybe profound, effect on future economic growth. Demographics, Population Projections and Economics American History American Economic History Politics of the United States The Roman Republic and America...