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Why Information Grows: The Evolution of Order, from Atoms to Economies

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Decoding economics through information and networks.

If you're the type who likes peering under the hood of complex systems, "Why Information Grows" might just electrify your curiosity. Hidalgo takes you deep into the thought-provoking interplay between physics and economics, exploring how order, in the form of information, arises and fuels growth. It's an unconventional perspective that could change how you perceive economic development and the role of networks in crafting the world’s economic tapestry.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
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Why Information Grows: The Evolution of Order, from Atoms to Economies

Regular price ₱787.05
Unit price
per
ISBN: 9780465048991
Authors: Cesar A. Hidalgo
Publisher: Basic Books
Date of Publication: 2015-06-02
Format: Hardcover
Related Collections: Business, Philosophy, Economics, Science, History
Goodreads rating: 3.97
(rated by 1436 readers)

Description

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.
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Similar Reads

Decoding economics through information and networks.

If you're the type who likes peering under the hood of complex systems, "Why Information Grows" might just electrify your curiosity. Hidalgo takes you deep into the thought-provoking interplay between physics and economics, exploring how order, in the form of information, arises and fuels growth. It's an unconventional perspective that could change how you perceive economic development and the role of networks in crafting the world’s economic tapestry.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.