Reactions to story from The Angry Economist
So-called "Junk Economics"
http://angry-economist.russnelson.com/ 2008/ 05/ 05#so-called-junk-economics
David Isenberg drives me batty. He's the fellow who pointed out that a stupid network (intelligence at the edges) produces more public benefit than the smart network that his then-employer, AT&T, was building. Well, of course when you make a public fuss like that, you either change your employer's direction, or you have to leave. He left, and has been a successful consultant since then. Unfortunately, David doesn't know much economics. Like most people who don't know much economics, he feels free to cast aspersions on what he calls junk economics. He complains therein that some of his friends deny the peak oil hypothesis.
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