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InfoTech 2013 - Background Readings

This collection of reading materials was created to prepare participants for the 2013 Aspen Institute Roundtable on Information Technology by providing an overview of and background information on the topic, The Future of Commerce.  The selection of readings introduces a range of issues and innovative topics associated with payment systems and new global commerce.  It is not intended to be a comprehensive collection of materials on the topic, but rather an overview of subjects relevant to the 2013 InfoTech dialogue.

Section I.  The Changing Nature of Commerce

Darrell Rigby, “The Future of Shopping,” Harvard Business Review, December 2011: 66-76.

The New Digital Economy: How it Will Transform Business,” Oxford Economics, June 2011.

Jeff Howe, “The Rise of Crowdsourcing,” Wired, Issue 14.06, June 2006

Nathan Hurst, “Attack of the Kickstarter Clones: Crowdfunding Reaches its Tipping Point,” Wired, May 7, 2013.

Peer to Peer Rental: The Rise of the Sharing Economy,” The Economist, March 9, 2013.

Elsie Chang, Yougang Chen, and Richard Dobbs, “China’s e-tail Revolution: Online Shopping as a Catalyst for Growth,” McKinsey Global Institute, March 2013: Executive Summary.

Section II.  The Weightless Marketplace: New Methods of Payment

David Furlonger, “The Nexus of Forces is Reshaping the Future of Money,” Gartner, September 24, 2012.

Dan Ewing, Dan Leberman, James Mendelsohn, and James Milner, “The evolving mobile payments consumer: Strategic insights from around the globe,” McKinsey on Payments, Number 14, June 2012: 3-11. 

Aaron Smith, Janna Quitney Anderson, and Lee Rainie, “The Future of Money: Smartphone Swiping in the Mobile Age,” Pew Research Center, April 17, 2012.

Paul Ford, “Bitcoin May be the Global Economy’s Last Safe Haven,” Bloomberg Businessweek, March 28, 2013.

Paul Krugman, “The Antisocial Network,” The New York Times, April 14, 2013.

Section III.  Economic & Business Implications of the New Commerce

Matthieu Pélissié du Rausas, James Manyika, Eric Hazan, Jacques Bughin, Michael Chui, and Rémi Said, “Internet Matters: The Net’s Sweeping Impact on Jobs, Growth, and Prosperity,” McKinsey Global Institute, May 2011: Executive Summary.

Lauren Indvik, “The 7 Species of Social Commerce,” Mashable, May 10, 2013.

Jeff Howe and Joi Ito, “Consumer Rising: From Consumption to Production to Design,” Stanford Social Innovation Review, Spring 2013.

Eric Hazan, Florent Illat, and Piero Trivellato, “Altering the approach: Mobile operators and online consumers,” iConsumers: Life Online, McKinsey and Company, January 2013, Chapter 5: 35-38.

John Villasenor, “Is it Illegal to Resell ‘Used’ Digital Music?” Brookings Institute, April 23, 2013.

Austin Carr, “Walmart And Ebay Execs Peer Into Shopping's Crystal Ball, See… No-Click Buying?” Fast Company, April 24, 2013.

Credit Card Companies: War of the Virtual Wallets,” The Economist, November 17, 2012.

Section IV. Social Implications

Thomas Friedman, “It’s a 401(k) World,” The New York Times, May 1, 2013: A25.

David Bollier, “Power-Curve Society: The Future of Innovation, Opportunity, and Social Equity in the Emerging Networked Economy,” The Aspen Institute, January 2013.

Jonathan Zittrain, “Work the New Digital Sweatshops,” Newsweek, December 7, 2009.

About Microfinance,”

Ignacio Mas, “Remixing Microfinance,” Stanford Social Innovation Review, October 30, 2012.

Section V. Governmental Implications

Daniel Altman, “There’s No App for That,” Foreign Policy, October 22, 2012.

Toward a Single Global Digital Economy: The First Report of the Aspen Institute IDEA Project,” Aspen Institute IDEA Project, April 2012: 3-5, 13-17.

Robert Kimmit, Mark Garay, and Dwight Allen, “Money and Borders: Cross-Border Investments in a Changing Global Marketplace,” Deloitte Review, Issue 6, 2010.

Civic Crowdfunding,” The Economist, May 18, 2013.

What is the Marketplace Fairness Act of 2013?” March 2013.