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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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“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] .

Dec 13, 2015

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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

Page 2: “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 .

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

Page 3: “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 .

www.gresham.ac.uk

© Gresham College2008

The Global Olympic Village

Page 4: “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 .

www.gresham.ac.uk

© Gresham College2008

Network Optimeter

Page 5: “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 .

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© Gresham College2008

Central Authority – Martian Insights

Page 6: “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 .

www.gresham.ac.uk

© Gresham College2008

Starfish Or Spider?

Disinform

ation

Legitimacy

Operation

Central

Local

DelegatedIntrinsic

AssociativeUN

UnitaryUK & France

ConfederalEU

FederalUSA

Informatio

n

Page 7: “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 .

www.gresham.ac.uk

© Gresham College2008

New Networks

Page 8: “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 .

www.gresham.ac.uk

© Gresham College2008

A Lot Of Net Work

Social network

Computer network

Semantic network

Neural network

Project network

Page 9: “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 .

www.gresham.ac.uk

© Gresham College2008

Three Pillars Of Sustainability

Page 10: “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 .

www.gresham.ac.uk

© Gresham College2008

Three Pillars Of Networks

Page 11: “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 .

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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]

Page 12: “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 .

www.gresham.ac.uk

© Gresham College2008

Stringball Collectors Of The World Unite!

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

Page 13: “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 .

www.gresham.ac.uk

© Gresham College2008

Erdös Or Bacon Numbers?

Page 14: “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 .

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© Gresham College2008

There Oughta Be A Law

Page 15: “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 .

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© Gresham College2008

Laws of Power

Page 16: “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 .

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© Gresham College2008

Rushey Green Time Bank

Page 17: “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 .

www.gresham.ac.uk

© Gresham College2008

Local Calculations

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

Page 18: “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 .

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© Gresham College2008

Free Republic Of Farringdon Without

Vous êtes ici

Page 19: “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 .

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© Gresham College2008

The FarOut

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

Page 20: “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 .

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© Gresham College2008

Changing Scales

Page 21: “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 .

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© Gresham College2008

What Is The Sound Of An Army’s Footstep?

Page 22: “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 .

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© Gresham College2008

Global versus Local

Disinform

ation

Diversity

Competition

Open

Protected

HighLow

Transitional

Resilient Robust

Economiesof

Scale

Informatio

n

Page 23: “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 .

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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/]

Page 24: “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 .

www.gresham.ac.uk

© Gresham College2008

Local or Global:Network Economics And The New Economy

Thank you!

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