Savitri Era of those who adore, Om Sri Aurobindo and The Mother.

Saturday, February 06, 2010

Convergence of world markets and the internet has multiplied opportunities for scale-free networks


I would nominate the following as Hirschman books which must be read by economists: Exit, Voice and Loyalty (Harvard, 1970); The Passions and the Interests (Princeton, 1977); Rival Views of Market Society (Harvard, 1986); and A Propensity to Self-Subversion (Harvard, 1995).
I also developed a fascination with Kenneth Boulding during graduate school (some might think that was because I was able to be his student, but actually I was fascinated with Boulding prior to the opportunity to get to know him).  I first became enamored with Boulding through reading his 1971 essay "After Samuelson, Who Needs Smith?", but that quickly gave way to reading as much of his work as I could get my hands on.  Boulding also wrote profound books that were not particularly hefty.  My list of Boulding favorites would be: A Reconstruction of Economics (1950); The Image (1956); Conflict and Defense (1962); Evolutionary Economics (1981); and Three Faces of Power (1989).
But reading Boulding is a totally different experience than reading Hirshman. Boulding's argumentative style is more meandering, Hirschman's more direct… One of the thing that is striking about Hirschman is how he packs so much into such little space. 

References
Barabasi, A.-L. 2002. Linked: the New Science of Networks. Cambridge MA: Perseus.
Castells, M. 2001. The Internet Galaxy.
London: Oxford University Press.
Durkheim, E. 1965 (1912). The Elementary Forms of the Religious Life.
Glencoe IL: Free Press.
Durkheim, E. and M. Mauss. 1963 (1903). Primitive Classification.
Chicago: University Press.
Gerratana, V. 1973. “Marx and Darwin.” New Left Review 82: 60-82.
Gladwell, M. 2000. The Tipping Point: How Little Things Can Make a Big Difference.
New York: Little, Brown.
Granovetter, M. 1973. “The strength of weak ties.” American Journal of Sociology 78: 1360-1380.
Hacking,
I. 1990. The Taming of Chance. Cambridge: University Press.
Hart, K. 2000 The Memory Bank.
London: Profile Republished in 2001 as Money in an Unequal World. New York and London: Texere.
Lévi-Strauss, C. 1966 (1962). The Savage Mind.
Chicago: University Press.
Mauss, M. 1990 (1925). The Gift: form and reason of exchange in archaic societies.
London: Routledge.
Milgram, S. 1967. “The small world problem.” Psychology Today 2: 60-67.
Pareto, V. 1972 (1906). Manual of Political Economy.
London: Macmillan.
Spengler, O. 1962 [1918]. The Decline of the West (abridged edition).
New York: Alfred Knopf.
Taleb, N. 2007. The Black Swan: The Impact of the Highly Improbable.
New York: Penguin.
Watts, D. 2003. Six Degrees: the Science of a Connected Age. London: Heinemann.
Watts, D. and Strogatz. 1998. “Collective dynamics of ‘small-world’ networks.” Nature 393: 440-442.
Zipf, G. 1949 Human Behavior and the Principle of Least Effort.
Cambridge MA: Addison-Wesley.

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