The transition to the New Economy accelerated in the last half of the 1990s. Using new economy index measures, one can see that rapid growth in service sector activity from 1990 to 2000, at 45 percent, overshadowed the performance of the nation’s manufacturing sector, at 22 percent (Atkinson and Court). We now live in an economy where 80 percent of all workers do not produce things. Even within...

The structure of the U.S. economy is analyzed to determine whether a shift has occurred from a service to an information economy. National Income Accounting concepts are reviewed to facilitate a critical comparison of the works of Machlup and Porat. Evidence about the future of an information economy is reviewed. It is concluded that the growth of the information economy will not continue at th...

Ben Fine and Dimitris Milonakis have done political economy a great service by drawing attention to the insights lost in the twists, turns and reductions in the transition from political economy to economics. These two volumes constitute a solid foundation upon which a new generation can build a political economy for the future. This review presses some of their meta-theoretical arguments a lit...

In the last few years, service-oriented computing has become an emerging research topic in response to the shift from product-oriented economy to service-oriented economy and the move from focusing on software/ system development to addressing business-IT alignment. From an IT perspective, there is a proliferation of methods and languages for describing Web services. There has not been as much ...

This article attempts to clarify certain misunderstandings about productive/unproductive labour (PUPL) concerning the “service economy.” The concept of service is embedded in discussion PUPL. After examining Smith’s and Marx’s definitions “service” labour,” we demonstrate that criticisms connotation literature are based on a misinterpretation classical definition term not consistent with post-i...

As Grids are emerging as the next generation service-oriented computing platforms, they need to support Grid economy that helps in the management of supply and demand for resources and offers an economic incentive for Grid resource providers. To enable this Grid economy, a market-like Grid environment including an infrastructure that supports the publication of services and their discovery is n...

With the global development of knowledge economy, the knowledge requirement of farmers is more personalized and solution-oriented, so there is pressing needs to develop agricultural knowledge service. The paper analyzes characteristics of agricultural knowledge service, and summarizes typical cases of agricultural knowledge service development in China.