Economics for an Information Age examines the central role of
information within economics and society. The neoclassical economic
model, taught as ‘mainstream economics’ in universities around
the world, relies on a mathematical model of ‘resource
allocation’ in which private advantage gives rise to public
advantage in the shape of an optimal allocation of resources.
However, this model assumes ‘perfect information’. In the
present ‘information age’ such an assumption is even farther
from the reality than it was in the past. People disseminate and
manipulate information to further their interests. This book
explains economic behaviour in terms of a theory of
‘money-bargaining’ and political and intellectual
‘support-bargaining’, in which the dissemination of information
plays a central role. It uses this lens to explain how information
is created, manipulated, disseminated, organised, understood,
interpreted, used, bought and sold. This book will be of interest
to mainstream and heterodox economists alike, as well as historians
of economic thought, and anyone who seeks to better understand the
impact of the information age on economic behaviour.
General
| Imprint: |
Routledge
|
| Country of origin: |
United Kingdom |
| Series: |
Routledge Frontiers of Political Economy |
| Release date: |
September 2020 |
| First published: |
2019 |
| Authors: |
Patrick Spread
|
| Dimensions: |
234 x 156mm (L x W) |
| Format: |
Paperback
|
| Pages: |
326 |
| ISBN-13: |
978-0-367-66508-1 |
| Categories: |
Books
Promotions
|
| LSN: |
0-367-66508-5 |
| Barcode: |
9780367665081 |
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