Tesco
The Weightless World
Book

The Weightless World

Strategies for Managing the Digital Economy

Diane Coyle
MIT Press, 1999

Read or listen offline

audio autogenerado
  • 0.5×
  • 0.75×
  • 1×
  • 1.25×
  • 1.5×
  • 1.75×
1×
audio autogenerado

Editorial Rating

6

Qualities

  • Analytical
  • Visionary
  • Background

Recommendation

U.S. Federal Reserve Board Chairman Alan Greenspan originated using "weightless" to describe computer-powered information technology. Diane Coyle employs his metaphor to explain that the European world is afflicted with unemployment and insecurity because of the evolution from industrial output to weightlessness. Her view of the new technology’s international economic impact is distinctly European/British. She paints her strategy for managing the digital economy with a colorful but broad brush: better education, international ethical standards, governmental flexibility, liberalism. Her writing features quirky phrases, challenging sentence structure, and a few British spellings. Coyle includes surprising anecdotes and sparkling quotes from diverse sources - a valuable lexicon for further reading. getAbstract.com recommends this book to those with an eclectic, liberal, literate, European view of the difference between the U.S. economic experience and that of the rest of the world. Such a reader will be delighted here.

Take-Aways

  • The world is evolving from industrial production to information production, in the form of "weightless" computer-powered data.
  • Today, a musical greeting card contains more computing power than existed globally in 1945.
  • Money is already an electronic abstraction.

About the Author

Diane Coyle is economics editor of The Independent, in London, England.

Comment on this summary or Comenzar discusión