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The Network Economy

The Network Economy. Session One An Overview of the Terrain January 20, 2010. Economics??. What Me Worry?. Courtesy of JustUptown. You Don’t Have to Be an Economist to Study the Economy!. Courtesy Schlunzi. What is a Discipline?. icvet.tafensw.edu.au. Boundaries.

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The Network Economy

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  1. The Network Economy Session One An Overview of the Terrain January 20, 2010

  2. Economics??

  3. What Me Worry? Courtesy of JustUptown

  4. You Don’t Have to Be an Economist to Study the Economy! Courtesy Schlunzi

  5. What is a Discipline? icvet.tafensw.edu.au

  6. Boundaries Boundary*
from Imapix

  7. Narrowing the Focus Focus
fromD50Manchester

  8. Self Discipline Pilgrimage of the Self - Discipline
fromEmerald watcher

  9. I Dare Say! domino.lancs.ac.uk

  10. Boundaries are Blurring Got no boundaries and not limits
fromGioPhotos

  11. Who Carries Out Economic Activities?

  12. How Are These Processes Coordinated? Where is the invisible hand?
fromemstrur

  13. What About Interactions: Are They All Dyadic? Courtesy of Katrinket

  14. What About Groups/Firms? Courtesy Chris_Parker Photo Stream

  15. Is There A New Economy? welcome to the new economy
fromSangroncito

  16. Or Is It Just Business as Usual? Duckk and Flea’s Photostream

  17. SomeThink So!

  18. How Do We Explain the Crash? Bull Market? (Market Failure #5)
from David Lewis-Baker

  19. Consider the Longue Duree! Depressions, recessions, and inflation are not exclusively modern phenomena: they are patterns that have recurred since the beginning of recorded history. There are other patterns in economics that are equally old, including the long-run growth in wealth per person. . . and the distribution of wealth. . . For these patterns to be so old, they must be the result of causes that are deep in the workings of economics, cases that are independent of the technologies, government policies or business practices of a particular age. (Beinhockerp. 161) Courtesy of Miketbh

  20. What is the Role of Technology?

  21. In What Ways Do Networks Play a Part? network
fromBinkiexxx

  22. Are New Analytical Tools In Order? • The need for humility. • Anecdotal evidence tells us what is happening, not why. • The role of theory. • How do we define the realm of economics & economic theory. me tools...
from tdub303

  23. Begin With Definitions! Dictionary Definitions #2
from Mukumbura

  24. Polanyi’s Substantive View! Economics entails the meeting of material needs through a process of interaction between humans and their environments. Polanyi’s substantive definition allows us to conceive of many ways of achieving our ends. The formal definition presumes scarcity—a networked economy is characterized by many externalities and non zero sum outcomes.

  25. Some Alternative Perspectives On the New Economy Classical economic theory Socio-economics Transaction Costs Analysis Institutional Economics Organizational/innovation theory Networking economics Evolutionary economics Economic geography Organizational fields Complexity Theory Courtesy of Kate Ferarra

  26. Blogging Question Tracking
fromImapix Track your economic interactions during the week, and comment about them in the light of today’s conversation and next weeks readings. On the basis of your experiences, how would you define the economy?

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