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The awkward word: economy

The awkward word: economy. Newport University ESRC seminar, April 1, 2011 Ian Hargreaves. Labels. Knowledge economy ….. Fritz Machlup (economist 1930s) Information economy/society ….. Peter Drucker (business philosopher 1960s) Network Society ….. Manuel Castells (sociologist 1970s)

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The awkward word: economy

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  1. The awkward word: economy Newport University ESRC seminar, April 1, 2011 Ian Hargreaves

  2. Labels • Knowledge economy ….. Fritz Machlup (economist 1930s) • Information economy/society ….. Peter Drucker (business philosopher 1960s) • Network Society ….. Manuel Castells (sociologist 1970s) • Digital economy …… Nicholas Negroponte (architect/technology 1980s) • Creative economy …. Chris Smith (politician 1990s) and John Howkins (media businessman/consultant: 2000s)

  3. Some cross cutting themes • Access: inclusion/exclusion/marginalisation • Democracy: digital public sphere • Intellectual property • Growth, competiveness, jobs, trade • Education/skills • Communities: real and virtual • Privacy/freedom of information • Work-life fusion

  4. A melting pot of disciplines • Computer science • Engineering • Mathematics • Communications/media • Education • Law • Business • Arts and humanities • Politics • Biology, neurology, medicine

  5. But what about economics? • Macroeconomics • Hard economics/soft economics • Micro-economics • Business economics • Development economics • Market theory - digital markets • Competition/property rights • Monetary policy • Productivity • Score-cards and public spending

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