Coverart for item
The Resource Why information grows : the evolution of order, from atoms to economies, Cesar Hidalgo, (electronic resource)

Why information grows : the evolution of order, from atoms to economies, Cesar Hidalgo, (electronic resource)

Label
Why information grows : the evolution of order, from atoms to economies
Title
Why information grows
Title remainder
the evolution of order, from atoms to economies
Statement of responsibility
Cesar Hidalgo
Creator
Subject
Language
eng
Summary
  • "Why do some nations prosper while others do not? Economists usually turn to measures such as gross domestic product or per capita income to answer this question, but interdisciplinary theorist Cesar Hidalgo argues that we can learn more by measuring a country's ability to make complex products. In Why Information Grows, Hidalgo combines the seemingly disparate fields of economic development and physics to present this new rubric for economic growth. He believes that we should investigate 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 its education, infrastructure, and capability. Economic wealth accrues when applications of this knowledge turn ideas into tangible products; the more complex its products, the more economic growth a country will experience. 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. "--
  • "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 Cesar 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"--
  • "Why do some nations prosper while others do not? Economists usually turn to measures such as gross domestic product or per capita income to answer this question, but interdisciplinary theorist Cesar Hidalgo argues that we can learn more by measuring a country's ability to make complex products. In Why Information Grows, Hidalgo combines the seemingly disparate fields of economic development and physics to present this new rubric for economic growth. He believes that we should investigate 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 its education, infrastructure, and capability. Economic wealth accrues when applications of this knowledge turn ideas into tangible products; the more complex its products, the more economic growth a country will experience. 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. "--
  • "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 Cesar 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"--
  • "Why do some nations prosper while others do not? Economists usually turn to measures such as gross domestic product or per capita income to answer this question, but interdisciplinary theorist Cesar Hidalgo argues that we can learn more by measuring a country's ability to make complex products. In Why Information Grows, Hidalgo combines the seemingly disparate fields of economic development and physics to present this new rubric for economic growth. He believes that we should investigate 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 its education, infrastructure, and capability. Economic wealth accrues when applications of this knowledge turn ideas into tangible products; the more complex its products, the more economic growth a country will experience. 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."--
  • "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 Cesar 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"--
Assigning source
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Cataloging source
DLC
http://library.link/vocab/creatorDate
1979-
http://library.link/vocab/creatorName
Hidalgo, César A.
Dewey number
330.01/154
LC call number
HB133
LC item number
.H53 2015
http://library.link/vocab/subjectName
  • Information theory in economics
  • New products
  • Economic development
  • Knowledge, Theory of
  • Physics
  • BUSINESS & ECONOMICS / Industries / General
Label
Why information grows : the evolution of order, from atoms to economies, Cesar Hidalgo, (electronic resource)
Instantiates
Publication
Bibliography note
  • Includes bibliographical references (pages 193-218) and index
  • Includes bibliographical references and index
Control code
OCM1bookssj0001483180
Dimensions
24 cm
Dimensions
unknown
Extent
xxi, 232 pages
Governing access note
License restrictions may limit access
Isbn
9780465048991
Isbn Type
(hardcover)
Lccn
2015000882
Other physical details
illustrations
Specific material designation
remote
System control number
(WaSeSS)ssj0001483180
Label
Why information grows : the evolution of order, from atoms to economies, Cesar Hidalgo, (electronic resource)
Publication
Bibliography note
  • Includes bibliographical references (pages 193-218) and index
  • Includes bibliographical references and index
Control code
OCM1bookssj0001483180
Dimensions
24 cm
Dimensions
unknown
Extent
xxi, 232 pages
Governing access note
License restrictions may limit access
Isbn
9780465048991
Isbn Type
(hardcover)
Lccn
2015000882
Other physical details
illustrations
Specific material designation
remote
System control number
(WaSeSS)ssj0001483180

Library Locations

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      38.710138 -90.311107
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