{"product_id":"hidalgo-c-why-information-grows-9780141978024","title":"Hidalgo C Why Information Grows","description":"\u003ch2\u003eBook Synopsis\u003c\/h2\u003e\u003cp\u003e\u003cb\u003eIn \u003ci\u003eWhy Information Grows\u003c\/i\u003e, rising star C\u003ci\u003eé\u003c\/i\u003esar Hidalgo offers a radical interpretation of global economics\u003cbr\u003e\u003cbr\u003e\u003c\/b\u003eWhat 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 César 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.\u003cbr\u003e\u003cbr\u003eAt 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.\u003cbr\u003e\u003cbr\u003eA radical new interpretation of global economics, \u003ci\u003eWhy Information Grows\u003c\/i\u003e 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.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003ch2\u003eTrade Review\u003c\/h2\u003eA bold attempt to synthesise a large body of cutting-edge work into a readable, slender volume... his thought-provoking book deserves to be widely read * Financial Times *\u003cbr\u003eMr Hidalgo succeeds brilliantly in bringing his complex subject to life. His book is full of nuggets, from memorable phrases to interesting metaphors * Economist *\u003cbr\u003e[Hidalgo's] innovative thinking about what drives growth could help us to navigate the turbulence of the ever more interconnected global economy... He has iden­tified a fertile seam * Nature *\u003cbr\u003eThe concept of information is necessary to make sense of anything that is not a boring featureless mass, including life, mind, society, and value. \u003ci\u003eWhy Information Grows \u003c\/i\u003elucidly explains the foundations of this essential concept, while creatively applying it in exciting new ways. It is filled with interesting ideas, and a pleasure to read -- Steven Pinker, author of The Language Instinct and How the Mind Works\u003cbr\u003e\u003ci\u003eWhy Information Grows\u003c\/i\u003e shows us how humans infuse information into matter, making it more valuable than gold. Hidalgo's work brilliantly spotlights the true alchemy of the twenty-first century and its impact from economic complexity to national competitiveness -- Albert-Laszlo Barabasi, Distinguished Professor and Director of Northeastern University's Center for Complex Network Research, and author of Linked","brand":"Penguin Books Ltd","offers":[{"title":"Default Title","offer_id":48732497772887,"sku":"9780141978024","price":10.44,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780141978024.jpg?v=1719997146","url":"https:\/\/bookcurl.com\/products\/hidalgo-c-why-information-grows-9780141978024","provider":"Book Curl","version":"1.0","type":"link"}