Digital Deflation takes to task those who argue that the stock market and new economy are bubbles about to burst. This timely book presents a bold, uncompromising overview of the technological drivers of the digital revolution, and how they will continue to improve products and services and support further increases in stock prices for decades to come. Replete with insightful analyses culled from over 10 years of research, Digital Deflation tells investors which companies will be beneficiaries of the new economy and why. Providing a clear, concise understanding of how the new economy works, it discusses: * Implications for business managers, consumers, and investors * The laws of digital deflation: how they work and what they mean * Promising new technologies plus innovative applications of old technologies