Knowledge and Intelligence as Factors of Production
Last update: 21 Apr 2025 21:17
First version: 20 August 2007
Yet Another Inadequate Placeholder
(I'm distinguishing this from Hayek-style arguments
about the use of information in the price/market system, and its alternatives
in terms of centralized knowledge and planning.)
See also:
Economics;
Technological Change;
Collective Cognition
Recommended:
- Zvi Griliches, R & D, Education, and Productivity: A Retrospective
- Jack Hirshleifer, "The Private and Social Value of Information and
the Reward to Inventive Activity", American Economic Review
61 (1971): 561--574
[JSTOR]
- Robert Solow, Learning from "Learning by Doing": Lessons for
Economic Growth
To read:
- Gar Alperovitz and Lew Daly, Unjust Deserts: How the Rich Are Taking Our Common Inheritance
- James
Bessen, Learning by Doing: The Real Connection between Innovation, Wages, and Wealth
- T. Di Matteo, T. Aste and M. Gallegati, "Innovation flow through
social networks: Productivity distribution", physics/0406091 [Those look an
awful lot like log-normals to me.]
- Dominique Foray, The Economics of Knowledge
- Gene M. Grossman, Innovation and Growth in the Global Economy
- Joel Mokyr, The Gifts of Athena: Historical Origins of the Knowledge Economy
- Richard R. Nelson, Technology, Institutions, and Economic Growth
- Giovanni Peri, "Determinants of Knowledge Flows and Their Effect on
Innovation", Review
of Economics and Statistics 87 (2005): 308--322
- Mike Rose, The Mind at Work: Valuing the Intelligence of
the American Worker
- Nicole J. Saam, "The Role of Consumers in Innovation Processes in
Markets", Rationality and
Society 17 (2005): 343--380
- Joseph E. Stiglitz and Bruce C. Greenwald, Creating a Learning Society: A New Approach to Growth, Development, and Social Progress