Why Information Grows: The Evolution of Order, from Atoms to Economies
By Cesar Hidalgo
Category
EconomicsRecommended by
Why Information Grows by Cesar Hidalgo offers a thought-provoking exploration of how information shapes our world. Hidalgo, a professor at MIT, explains the fundamental principles behind the growth of information and its impact on social and economic development.
Using examples ranging from the evolution of ancient civilizations to the modern digital age, Hidalgo presents a fresh perspective that challenges the traditional understanding of economic growth. He argues that the key to understanding growth lies in understanding the growth of information, which is intricately connected to the complexity of our social and economic systems.
Hidalgo introduces the concept of "collective learning" as the driving force behind the growth of information. He illustrates how collective learning occurs through the accumulation and sharing of knowledge, catalyzing the development of new technologies and innovations. Through this lens, he examines the factors that contribute to the varying levels of growth observed in different societies and economies.
The book also delves into interconnectedness and emphasizes how meaningful information is created and shared within networks. Hidalgo highlights how this process can facilitate economic growth and enable individuals and societies to adapt to a rapidly changing world.
In "Why Information Grows," Hidalgo presents a compelling argument that information growth is not limited solely to technological progress, but rather interweaves with human interactions and societal dynamics. By expanding our understanding of the role of information, Hidalgo offers insights that could shape our approach to economic development and policy-making in the future.
Using examples ranging from the evolution of ancient civilizations to the modern digital age, Hidalgo presents a fresh perspective that challenges the traditional understanding of economic growth. He argues that the key to understanding growth lies in understanding the growth of information, which is intricately connected to the complexity of our social and economic systems.
Hidalgo introduces the concept of "collective learning" as the driving force behind the growth of information. He illustrates how collective learning occurs through the accumulation and sharing of knowledge, catalyzing the development of new technologies and innovations. Through this lens, he examines the factors that contribute to the varying levels of growth observed in different societies and economies.
The book also delves into interconnectedness and emphasizes how meaningful information is created and shared within networks. Hidalgo highlights how this process can facilitate economic growth and enable individuals and societies to adapt to a rapidly changing world.
In "Why Information Grows," Hidalgo presents a compelling argument that information growth is not limited solely to technological progress, but rather interweaves with human interactions and societal dynamics. By expanding our understanding of the role of information, Hidalgo offers insights that could shape our approach to economic development and policy-making in the future.
Share This Book 📚
More Books in Economics

Principles for Dealing With The Changing World Order
Ray Dalio

The Rational Optimist
Matt Ridley

The Bitcoin Standard
Saifedean Ammous

Economics in One Lesson
Henry Hazlitt

The Ascent of Money
Niall Ferguson

Enlightenment Now
Steven Pinker

The Rise of the Rest
Steve Case

The Road to Serfdom
F.A. Hayek

The Wealth of Nations
Adam Smith

Capital In The 21st Century
Thomas Piketty

Check Your Financial Privilege
Alex Gladstein

Dealing with China
Henry Paulson

Debt
David Graeber

Human Action
Ludwig Von Mises

The Future of Capitalism
Paul Collier

The Prize
Daniel Yergin

The Wealth and Poverty of Nations
David Landes

Thinking In Systems
Donella H. Meadows

Trade Is Not A Four Letter Word
Fred Hochberg

Why Nations Fail
Daron Acemoglu

A Great Leap Forward?
John Mauldin & Worth Wray

A Guide To Econometrics
Peter E. Kennedy

Adaptive Markets
Andrew Lo

Age Of Ambition
Evan Osnos

An Apology for the Builder
Nicholas Barbon

Broken Money
Lyn Alden

Bureaucracy
Ludwig Von Mises

Capitalism Without Capital
Jonathan Haskel & Stian Westlake

Central Banking 101
Joseph Wang

Complexity and the Economy
W. Brian Arthur
Popular Books Recommended by Great Minds 📚

The Power of Habit
Charles Duhigg

Red Notice
Bill Browder

Behind the Cloud
Marc Benioff

Against The Gods
Peter Bernstein

Why We Sleep
Matthew Walker

Skin In The Game
Nassim Taleb

When Breath Becomes Air
Paul Kalanithi

The Network State
Balaji Srinivasan

Give and Take
Adam Grant

The Lean Startup
Eric Reis

Guns, Germs, and Steel
Jared Diamond

The Intelligent Investor
Benjamin Graham

Homo Deus
Yuval Noah Harari

The Checklist Manifesto
Atul Gawande

Good To Great
Jim Collins

The Ascent of Money
Niall Ferguson

The Courage To Be Disliked
Ichiro Kishimi

The Hitchhikers Guide to the Galaxy
Douglas Adams

Behave
Robert Sapolsky

Thinking In Bets
Annie Duke

Meditations
Marcus Aurelius

The Fountainhead
Ayn Rand

Becoming Steve Jobs
Brent Schlender

Mindset
Carol Dweck

7 Powers
Hamilton Helmer

Snow Crash
Neal Stephenson

Bad Blood
John Carreyrou

Influence
Robert Cialdini

Zero to One
Peter Thiel

The Lessons of History
Will & Ariel Durant