The Second Twentieth Century: How the Information Revolution Shapes Business, States, and Nations (Hoover Institution Press Publication) 1st Edition, Kindle Edition
Use the Amazon App to scan ISBNs and compare prices.
- Highlight, take notes, and search in the book
- Create digital flashcards instantly
The Amazon Book Review
Author interviews, book reviews, editors picks, and more. Read it now
Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Would you like to tell us about a lower price?
Top customer reviews
There was a problem filtering reviews right now. Please try again later.
The same economic analysis employed by managerial economists to understand firms, multinationals and market structures is used here to understand other organizations, such as states, governments and democracies. In particular, Rosa shows the parallel developments of markets and individual rights.
The Information Revolution plays a crucial role here. Of course, books about the consequences of the Information Age are not new. "The Sovereign Individual: Mastering the Transition to the Information Age" (Davidson and Rees-Mogg, 1999) is just one of several noteworthy predecessors. However, Rosa's book is much more than an economic history book with a technological determinism flavor to it. It uses economic analysis to show how the declining cost of information has affected and continues to affect the optimal sizes of firms and states, and the nature of hierarchies.
This is an excellent read, full of intriguing insights and examples, geared towards the intellectually curious. There is a also fine presentation of a few subjects that will be useful to the average stock market investor: the trend towards downsizing, the decreasing optimal size of companies, and an explanation of the consequences of the M&As vogue (See his chapter 5).