Chapter 6 Media Article

"Work in Progress", www.economist.com, July 22nd, 2003

This article details the changes that advances in technology as caused in our economy. Aside from the obvious fact that it makes transactions and banking easier for the citizens of the world, it has also opened up alot of job opportunitie as well. These new jobs in technology in turn contributes back into the economy yet again. The creation of these jobs and their contributions directly and indirectly to the economy is the main focus of this article.

The "the arrival of computer technology had affected people and firms in visible and obvious ways". However, the creation of jobs is a "hidden" advantage to these advances in technology.

Relevance to Ch. 6 - The New Economy

The relavence is that this chapter give alot of mention to "The New Economy" but only focusing on it's contribution to convienance. However, it doesn't mention alot to how the changing technology also opens up more jobs for people. New jobs means that more people will have purchasing power which is a positive in our economy.