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“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
www.gresham.ac.uk
© Gresham College2008
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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© Gresham College2008
The Global Olympic Village
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© Gresham College2008
Network Optimeter
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© Gresham College2008
Central Authority – Martian Insights
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© Gresham College2008
Starfish Or Spider?
Disinform
ation
Legitimacy
Operation
Central
Local
DelegatedIntrinsic
AssociativeUN
UnitaryUK & France
ConfederalEU
FederalUSA
Informatio
n
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© Gresham College2008
New Networks
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© Gresham College2008
A Lot Of Net Work
Social network
Computer network
Semantic network
Neural network
Project network
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© Gresham College2008
Three Pillars Of Sustainability
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© Gresham College2008
Three Pillars Of Networks
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© Gresham College2008
Network Theory
[Source: http://en.wikipedia.org/wiki/Betweenness#betweenness]
[Source: http://en.wikipedia.org/wiki/Six_degrees_of_separation]
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© Gresham College2008
Stringball Collectors Of The World Unite!
[Source: http://www.vlib.us/web/worldwideweb3d.html]
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© Gresham College2008
Erdös Or Bacon Numbers?
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© Gresham College2008
There Oughta Be A Law
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© Gresham College2008
Laws of Power
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© Gresham College2008
Rushey Green Time Bank
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© Gresham College2008
Local Calculations
[Source: Z/Yen’s VizZy – Voronoi Diagram]
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© Gresham College2008
Free Republic Of Farringdon Without
Vous êtes ici
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© Gresham College2008
The FarOut
[Source: http://www.basebasebase.com/archive/flat_files/000094.html]
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© Gresham College2008
Changing Scales
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© Gresham College2008
What Is The Sound Of An Army’s Footstep?
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© Gresham College2008
Global versus Local
Disinform
ation
Diversity
Competition
Open
Protected
HighLow
Transitional
Resilient Robust
Economiesof
Scale
Informatio
n
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© Gresham College2008
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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© Gresham College2008
Local or Global:Network Economics And The New Economy
Thank you!
“Get a big picture grip on the details.”Chao Kli Ning
