“New Learning” Barnard’s Inn Hall Holborn London EC1N 2HH Tel: +44 (0)20 7831 0575 Fax: +44...

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“New Learning” Barnard’s Inn Hall Holborn London EC1N 2HH Tel: +44 (0)20 7831 0575 Fax: +44 (0)20 7831 5208 Email : [email protected] www.gresham.ac. uk Gresham College 2008 Mercers’ School Memorial Professor of Commerce Michael Mainelli Local Or Global? Network Economics And The New Economy

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Transcript of “New Learning” Barnard’s Inn Hall Holborn London EC1N 2HH Tel: +44 (0)20 7831 0575 Fax: +44...

Page 1: “New Learning” Barnard’s Inn Hall Holborn London EC1N 2HH Tel: +44 (0)20 7831 0575 Fax: +44 (0)20 7831 5208 Email : enquiries@gresham.ac.uk .

“New Learning”

Barnard’s Inn HallHolbornLondon EC1N 2HH

Tel: +44 (0)20 7831 0575Fax: +44 (0)20 7831 5208Email : [email protected]

www.gresham.ac.uk

© Gresham College2008

Mercers’ School Memorial Professor of CommerceMichael Mainelli

Local Or Global?Network Economics And

The New Economy

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Outline

Global village

Social, environmental and economic sustainability

Network economics

Resilient or robust?

“Get a detailed grip on the big picture.”Chao Kli Ning

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The Global Olympic Village

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Network Optimeter

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Central Authority – Martian Insights

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Starfish Or Spider?

Disinform

ation

Legitimacy

Operation

Central

Local

DelegatedIntrinsic

AssociativeUN

UnitaryUK & France

ConfederalEU

FederalUSA

Informatio

n

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New Networks

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A Lot Of Net Work

Social network

Computer network

Semantic network

Neural network

Project network

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Three Pillars Of Sustainability

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Three Pillars Of Networks

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Network Theory

[Source: http://en.wikipedia.org/wiki/Betweenness#betweenness]

[Source: http://en.wikipedia.org/wiki/Six_degrees_of_separation]

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Stringball Collectors Of The World Unite!

[Source: http://www.vlib.us/web/worldwideweb3d.html]

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Erdös Or Bacon Numbers?

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There Oughta Be A Law

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Laws of Power

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Rushey Green Time Bank

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Local Calculations

[Source: Z/Yen’s VizZy – Voronoi Diagram]

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Free Republic Of Farringdon Without

Vous êtes ici

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The FarOut

[Source: http://www.basebasebase.com/archive/flat_files/000094.html]

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Changing Scales

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What Is The Sound Of An Army’s Footstep?

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Global versus Local

Disinform

ation

Diversity

Competition

Open

Protected

HighLow

Transitional

Resilient Robust

Economiesof

Scale

Informatio

n

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Discussion

1. Who pays for increased robustness?

2. Might it be rational to prefer isolation to competition?

[Source: http://www.se.cuhk.edu.hk/~wine2008/]

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Local or Global:Network Economics And The New Economy

Thank you!

“Get a big picture grip on the details.”Chao Kli Ning


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