Why Information Grows PDF ePub eBook

Books Info:

Why Information Grows free pdf What 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 according to MIT's antidisciplinarian Cesar Hidalgo, understanding the nature of economic growth demands transcending the social sciences and including the natural sciences of information, networks, and complexity. To understand the growth of economies, Hidalgo argues, we first need to understand the growth of order. At first glance, the universe seems hostile to order. Thermodynamics dictates that over time, order--or information--disappears. Whispers vanish in the wind just like the beauty of swirling cigarette smoke collapses into disorderly clouds. But thermodynamics also has loopholes that promote the growth of information in pockets. Although cities are all pockets where information grows, they are not all the same. For every Silicon Valley, Tokyo, and Paris, there are dozens of places with economies that accomplish little more than pulling rocks out of the ground. So, 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, firms, and the networks they form make use of information. Seen from Hidalgo's vantage, economies become distributed computers, made of networks of people, and the problem of economic development becomes the problem of making these computers more powerful. By uncovering the mechanisms that enable the growth of information in nature and society, Why Information Grows lays bear the origins of physical order and economic growth. Situated at the nexus of information theory, physics, sociology, and economics, this book propounds a new theory of how economies can do not just more things, but more interesting things.

About Cesar Hidalgo

Cesar Hidalgo leads the Macro Connections group at the MIT Media Lab, where he is also an associate professor of media arts and sciences. He lives in Cambridge, Massachusetts, with his wife, Anna, and Iris, their daughter.

Details Book

Author : Cesar Hidalgo
Publisher : Basic Books
Data Published : 12 May 2015
ISBN : 0465048994
EAN : 9780465048991
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 256 pages
Age + : 15 years
Language : English
Rating :

Reviews Why Information Grows



17 Comments Add a comment




Related eBooks Download


  • Why Information Grows free pdfWhy Information Grows

    In Why Information Grows. rising star Cesar Hidalgo offers a radical interpretation of global economics. What is economic growth. And why. historically. has it occurred in only a few places. Previous efforts to answer these questions have focused on institutions..


  • Handbook of East Asian Entrepreneurship free pdfHandbook of East Asian Entrepreneurship

    With the shift of the global economic gravity toward emerging economies and the roaring economic growth of the past three decades in China. East Asian catching-up growth strategies have profound implications for latecomer economies..


  • Handbook of East Asian Entrepreneurship free pdfHandbook of East Asian Entrepreneurship

    With the shift of the global economic gravity toward emerging economies and the roaring economic growth of the past three decades in China. East Asian catching-up growth strategies have profound implications for latecomer economies..


  • Theories of the Information Society free pdfTheories of the Information Society

    Information is a distinguishing feature of the modern world. Where once economies were built on industry and conquest. we are now part of a global information economy. Pervasive media. burgeoning information occupations and the development of the Internet convince many that living in an Information Society is the destiny of us all..


  • It's the Economy, Friends free pdfIt's the Economy, Friends

    The economies of virtually all nations require growth to function. Yet more growth makes the wealthiest even wealthier. while unemployment. hunger. and violence are widespread. and human economies..


  • Why Information Grows free pdfWhy Information Grows

    . What 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. Bu