Guinness Flight Investment Management of Pasadena, Calif. and Wired magazine have a challenger as to who can claim having the right definition of the "new economy."

Donald L. Luskin and H. Davis Nadig, two former executives with Barclays Global Mutual Funds of San Franciso who write highly-opinionated pieces on their personal finance website, MetaMarkets.com, have registered to start a new family of funds, including one to be called the "New Economy Fund." Guinness Flight markets its Wired Index Fund, opened late last year, as representative of the new economy.

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