Economics has benefitted significantly from technological
innovation. Before universities developed academic programs in
economics, issues of economic theory and policy were debated
in the form of books and personal correspondance. Perhaps the
best example is the debate between Thomas Malthus (1766-1834)
and David Ricardo (1772-1823) over whether England should maintain
its policy of protectionism in international trade following
the end of the Napoleonic wars in 1814, a debate that Ricardo
won ultimately with his exposition of the principle of comparative
advantage, and which was instrumental in England's repeal of
the Corn Laws in 1834 . Debates among economists on other issues
have followed ever since, but the technology of communication
has brought substantial changes in the ways in which they have
been addressed.
As university chairs and departments
of economics were established, economists founded economic
journals to foster a process of peer review even as academic
book publishing continued to flourish. What now has accelerated
this process even further is the growth of computer technology,
and more importantly for the future, the rise of the internet
as a means of communication. We now are witnessing the rise of
electronic journals in economics,
internet data sources,
as well as the growth in internet sites by academic
publishers and individual economists. The list below of individual
economists on the internet is but a small sample of what promises
to be a more efficient means of communication than anything seen
thus far.
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