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The Self Organizing Economy

The Self Organizing Economy

by Paul Krugman
Hardback
Publication Date: 15/02/1996

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The Self-Organizing Economy In the last few years the concept of self-organizing systems-complex systems in which randomness and chaos seem spontaneously to evolve into unexpected order-has linked together researchers in many fields, from artificial intelligence to chemistry, from evolution to geology. Now leading economist Paul Krugman shows how principles that explain the growth of hurricanes and embryos can also explain the formation of cities and business cycles; how the same principles of "order from random growth" can explain the strangely simple rules that describe the sizes of earthquakes, meteorites, and metropolitan areas. Weaving together strands from many disciplines, from location theory to biology, The Self-Organizing Economy offers a surprising new view of how the economy structures itself in space and time.
ISBN:
9781557866981
9781557866981
Category:
Economic theory & philosophy
Format:
Hardback
Publication Date:
15-02-1996
Language:
English
Publisher:
John Wiley and Sons Ltd
Country of origin:
United Kingdom
Pages:
132
Dimensions (mm):
239x158x15mm
Weight:
0.36kg
Paul Krugman

Paul Robin Krugman is an American economist who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times.

In 2008, Krugman was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. The Prize Committee cited Krugman's work explaining the patterns of international trade and the geographic distribution of economic activity, by examining the effects of economies of scale and of consumer preferences for diverse goods and services. Krugman was previously a professor of economics at MIT, and later at Princeton University. He retired from Princeton in June 2015, and holds the title of professor emeritus there.

He also holds the title of Centenary Professor at the London School of Economics. Krugman was President of the Eastern Economic Association in 2010,[8] and is among the most influential economists in the world. He is known in academia for his work on international economics (including trade theory and international finance), economic geography, liquidity traps, and currency crises.

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