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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

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Presentation on theme: "“New Learning” Barnard’s Inn Hall Holborn London EC1N 2HH Tel: +44 (0)20 7831 0575 Fax: +44 (0)20 7831 5208"— Presentation transcript:

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 www.gresham.ac.uk © Gresham College 2008 Mercers’ School Memorial Professor of Commerce Michael Mainelli Local Or Global? Network Economics And The New Economy

2 www.gresham.ac.uk © Gresham College 2008 Outline Global village Social, environmental and economic sustainability Network economics Resilient or robust? “Get a detailed grip on the big picture.” Chao Kli Ning

3 www.gresham.ac.uk © Gresham College 2008 The Global Olympic Village

4 www.gresham.ac.uk © Gresham College 2008 Network Optimeter

5 www.gresham.ac.uk © Gresham College 2008 Central Authority – Martian Insights

6 www.gresham.ac.uk © Gresham College 2008 Starfish Or Spider? Disinformation Legitimacy Operation Central Local Delegated Intrinsic Associative UN Unitary UK & France Confederal EU Federal USA Information

7 www.gresham.ac.uk © Gresham College 2008 New Networks

8 www.gresham.ac.uk © Gresham College 2008 A Lot Of Net Work Social network Computer network Semantic network Neural network Project network

9 www.gresham.ac.uk © Gresham College 2008 Three Pillars Of Sustainability

10 www.gresham.ac.uk © Gresham College 2008 Three Pillars Of Networks

11 www.gresham.ac.uk © Gresham College 2008 Network Theory [Source: http://en.wikipedia.org/wiki/Betweenness#betweenness] [Source: http://en.wikipedia.org/wiki/Six_degrees_of_separation]

12 www.gresham.ac.uk © Gresham College 2008 Stringball Collectors Of The World Unite! [Source: http://www.vlib.us/web/worldwideweb3d.html]

13 www.gresham.ac.uk © Gresham College 2008 Erdös Or Bacon Numbers?

14 www.gresham.ac.uk © Gresham College 2008 There Oughta Be A Law

15 www.gresham.ac.uk © Gresham College 2008 Laws of Power

16 www.gresham.ac.uk © Gresham College 2008 Rushey Green Time Bank

17 www.gresham.ac.uk © Gresham College 2008 Local Calculations [Source: Z/Yen’s VizZy – Voronoi Diagram]

18 www.gresham.ac.uk © Gresham College 2008 Free Republic Of Farringdon Without Vous êtes ici

19 www.gresham.ac.uk © Gresham College 2008 The FarOut [Source: http://www.basebasebase.com/archive/flat_files/000094.html]

20 www.gresham.ac.uk © Gresham College 2008 Changing Scales

21 www.gresham.ac.uk © Gresham College 2008 What Is The Sound Of An Army’s Footstep?

22 www.gresham.ac.uk © Gresham College 2008 Global versus Local Disinformation Diversity Competition Open Protected High Low Transitional ResilientRobust Economies of Scale Information

23 www.gresham.ac.uk © Gresham College 2008 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/]

24 www.gresham.ac.uk © Gresham College 2008 Local or Global: Network Economics And The New Economy Thank you! “Get a big picture grip on the details.” Chao Kli Ning

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