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Why information grows : the evolution of order, from atoms to economies /

"Why do some nations prosper while others do not? While economists often turn to measures like GDP or per-capita income to answer this question, interdisciplinary theorist César Hidalgo argues that there is a better way to understand economic success. Instead of measuring the money a country m...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Hidalgo, César A., 1979- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York, New York : Basic Books, [2015]
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Why information grows :  |b the evolution of order, from atoms to economies /  |c César Hidalgo. 
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520 |a "Why do some nations prosper while others do not? While economists often turn to measures like GDP or per-capita income to answer this question, interdisciplinary theorist César Hidalgo argues that there is a better way to understand economic success. Instead of measuring the money a country makes, he proposes, we can learn more from measuring a country's ability to make complex products--in other words, the ability to turn an idea into an artifact and imagination into capital. In Why Information Grows, Hidalgo combines the seemingly disparate fields of economic development and physics to present this new rubric for economic growth. He argues that viewing development solely in terms of money and politics is too simplistic to provide a true understanding of national wealth. Rather, we should be investigating what makes some countries more capable than others. Complex products--from films to robots, apps to automobiles--are a physical distillation of an economy's knowledge, a measurable embodiment of the education, infrastructure, and capability of an economy. Economic wealth is about applying this knowledge to turn ideas into tangible products, and the more complex these products, the more economic growth a country will experience. Just look at the East Asian countries, he argues, whose rapid rise can be attributed to their ability to manufacture products at all levels of complexity. A radical new interpretation of global economics, Why Information Grows overturns traditional assumptions about wealth and development. In a world where knowledge is quite literally power, Hidalgo shows how we can create societies that are limited by nothing more than their imagination"--Provided by publisher. 
505 0 |a Prologue: The eternal war -- Introduction: From atoms to people to economies -- Part I. Bits in atoms. The secret to time travel ; The body of the meaningless ; The eternal anomaly -- Part II. Crystallized imagination. Out of our heads! ; Amplifiers -- Part III. The quantization of knowhow. This time, it's personal ; Links are not free ; In links we trust -- Part IV. The complexity of the economy. The evolution of economic complexity ; The sixth substance ; The marriage of knowledge, knowhow, and information -- Part V. Epilogue. The evolution of physical order, from atoms to economics. 
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