Myths and Misconceptions of Technology

I’m still trying to figure out how the financial crisis of late relates to the brave new world of the ever so social web. Have the financial markets gone Web 2.0 before everybody else did including the geekiest of tech hacks? Or quite the contrary? What went wrong? Did anything go wrong at all?
One thing seems for certain: when your house or your pension is on stake you don’t give a shit about the gibberish of some lofty ideamongers. But before jumping to some more elusive conclusions I’ll put up some links to voices of people whose business is the economy in the first place in the hope that they have a clue from where I might continue. First is Freakonomics co-author Steven Levitt who himself graciously passed the search for authoritative answers on.

More to follow soon.