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Why information grows

£15.00

Product description

In Why Information Grows, rising star Csar Hidalgo offers a radical interpretation of global economicsWhat is economic growth? And why, historically, has it occurred in only a few places? Previous efforts to answer these questions have focused on institutions, geography, finances, and psychology. But MIT professor Csar Hidalgo argues that in order to fully grasp the nature of economic growth we need to transcend the social sciences and turn to the science of information, networks and complexity. The growth of economies, he explains, is deeply connected with the growth of order - or information.At first glance, the universe seems hostile to order. Thermodynamics dictates that over time, order will disappear. But thermodynamics also has loopholes that promote the growth of information in pockets. Our cities are such pockets where information grows, but they are not all the same. For every Silicon Valley, Tokyo, and London, there are dozens of places with underdeveloped economies. Why does the US economy outstrip Brazil's, and Brazil's that of Chad? Why did the technology corridor along Boston's Route 128 languish while Silicon Valley blossomed? In each case, the key is how people, companies, and the networks they form process information - it is all about their knowledge, knowhow and imagination. As Hidalgo compellingly shows, economies are made of networks of people and society is a collective computer. The problem of economic development is in fact the problem of making these networks more powerful.A radical new interpretation of global economics, Why Information Grows overturns traditional assumptions about the development of economies and the origins of wealth and takes a crucial step toward making economics less the dismal science and more the insightful one.

Item details

Author(s):
Cesar Hidalgo
Condition:
Used: very good
Format:
Hardback
ISBN-10:
0241003555
ISBN-13:
9780241003558
Publisher:
Allen Lane
Title:
Why information grows

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About this item

In Why Information Grows, rising star Csar Hidalgo offers a radical interpretation of global economicsWhat is economic growth? And why, historically, has it occurred in only a few places? Previous efforts to answer these questions have focused on institutions, geography, finances, and psychology. But MIT professor Csar Hidalgo argues that in order to fully grasp the nature of economic growth we need to transcend the social sciences and turn to the science of information, networks and complexity. The growth of economies, he explains, is deeply connected with the growth of order - or information.At first glance, the universe seems hostile to order. Thermodynamics dictates that over time, order will disappear. But thermodynamics also has loopholes that promote the growth of information in pockets. Our cities are such pockets where information grows, but they are not all the same. For every Silicon Valley, Tokyo, and London, there are dozens of places with underdeveloped economies. Why does the US economy outstrip Brazil's, and Brazil's that of Chad? Why did the technology corridor along Boston's Route 128 languish while Silicon Valley blossomed? In each case, the key is how people, companies, and the networks they form process information - it is all about their knowledge, knowhow and imagination. As Hidalgo compellingly shows, economies are made of networks of people and society is a collective computer. The problem of economic development is in fact the problem of making these networks more powerful.A radical new interpretation of global economics, Why Information Grows overturns traditional assumptions about the development of economies and the origins of wealth and takes a crucial step toward making economics less the dismal science and more the insightful one.

Author(s):
Cesar Hidalgo
Condition:
Used: very good
Format:
Hardback
ISBN-10:
0241003555
ISBN-13:
9780241003558
Publisher:
Allen Lane
Title:
Why information grows

Delivery & returns

This item will be dispatched to UK addresses via second class post within 2 working days of receipt of your order. Standard UK delivery is £3.95 per order, so you're only charged once no matter how many items you have in your basket. Any additional courier charges will be applied at checkout as they vary depending on delivery address.

This item will be dispatched to UK addresses via second class post within 2 working days of receipt of your order. Standard UK delivery is currently free, no matter how many items you have in your basket. Any additional courier charges will be applied at checkout as they vary depending on delivery address.

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Oxfam Books & Music Durham

@OxfambooksDH1 your specialist Oxfam books and music shop in Historic Durham City home to the world famous Durham University.

We have many genres of fiction from sci-fi to contemporary & classic crime along with many other subjects from military history to academic text books no fiction along with a large collection of King penguins and antiquarian books, stamps. coins and ephemera.

We can offer a collection service to collect large donations within County Durham ring us on 0191 3847440 or email us oxfamshopf0406@oxfam.org.uk 

You can find us on Facebook OxfamDurhamBoutique&Bookshop or Twitter @oxfambooksDH1

We also have a very popular music department offering Rock, Country, Jazz Pop and the Blues in both CDs and vinyl, sheet music and DVDs.

We stock an extensive range of fair trade gifts, cards and food throughout the year along with our increased range during the festive season.

Our bookshop is run by people like YOU if you would like to volunteer please use the link above.

Our sister shop @oxglamdurham sells really cool men's & women's clothing and accessories along with its @DurhamB bridal department and taking Oxfam into our community our very own pop up shop @rewind_retro selling vintage and retro finds.

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