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Novacene: The emergence of low cost microchip enabled information-economy from inexpensive petroleum based mass-production economy

Year 2019, Volume: 1 Issue: 2, 155 - 204, 31.12.2019

Tunç Özelli

Abstract

The text examines the main insights of the new sciences and disciplines, and shows how they reveal the flaws of orthodox NEOCLASSICAL ECONOMIC THEORY hacked from NEWTONIAN PHYSICS, in explaining and predicting the catastrophic events of the near economic history, and provides new ways of understanding the role of Alan Greenspan’s monetary policy of the United States [1987-2006] in the emergence of unimpeded global dominance of plutocratic intangible economy of ASSET MANAGER CAPITALISM that simultaneously produced a decade long secular stagnation in the rich world with global sharp steady increases in inequality of wealth and income distribution during and after the 2008 financial crisis. A brief history of the transition from MANAGERIAL CAPITALISM of nation states of the post-World War II institutionalized with the BRETTON WOODS AGREEMENT, to global ASSET MANAGER CAPITALISM, is presented to enlighten CHIMERICA’s evolution [China+America], and President Trump’s attempts to dismember it by enabling the emergence of a bipolar world- TECHNOLOGY COLD WAR by weaponized global interdependence. The globally interdependent techno-sphere is shown as an enabled outcome of the implementation of WASHINGTON CONCENSUS of Anglo-American ASSET MANAGER CAPITALISM, that survived a comatose near death experience in 2007-2008. The major warriors and battlegrounds of THE TECHNOLOGY COLD WAR are identified. The text shows how GAIA THEORY sheds new light on economic growth, how fuzzy logic affects the national accounts, how accounting systems over-value the assets of publicly traded multinational companies balance sheets, and how network theory reveals the value of relationships, and argues that the economy needs to be viewed as a complex, chaotic system, as scientists view nature, not as an equilibrium seeking NEWTONIAN construct.

Keywords

Asset manager capitalism Managerial capitalism Attention merchant’s capitalism Chimarica

References

  • Arthur, W. B. (2015). Complexity and the economy. Oxford University Press, ISBN: 978-0-19-933429-2.
  • Barabasi, A. L. (1998). Bursts: the hidden patterns behind everything we do, from your e-mail to bloody crusades. A Plume Book, ISBN: 978-0-452-29718-0.
  • Baumol, W. J. (1993). Enterpreneurship, management, and the structure of payoffs. The MIT press, ISBN: 978-0-262-51886-4.
  • Beinhocker, E. D. (2007). The origin of wealth: evolution, complexity, and the radical remaking of economics. Random House Business Books, ISBN: 978-0-712-67661-8.
  • Bostrom, N. (2016). Superintelligence: paths, dangers, strategies. Oxford University Press, ISBN: 978-0-19-873983-8.Brynjolfsson E. and McAfee, A. (2014). The second Machibe age: work, progress, and prosperity in a time of brilliant technologies. W.W. Norton & Company, ISBN: 978-0-393-23935-5.
  • Boulding, K. (1979). Ecodynamics: a new theory of societal evolution. Sage View Printing, ISBN: 978-0- 80390-945-8.
  • Bootle, R. (2012). The trouble with markets: saving capitalism from itself. Nicholas Brealey Publishing, ISBN: 978-1-85788-558-3.
  • Busemeyer, J. R. and Bruza, P. D. (2012). Quantum models of cognition and decision. Cambridge University Press, ISBN: 978-1-107-41988-9.
  • Capra, F. (1983). Turning point: science, society, and the rising culture. Bantham Books, 1983, ISBN: 978-0-553-34572-8.
  • Capra, F. and Luisi, P. L. (2014). The system view of life: a unifying vision. Cambridge University Press, ISBN: 978-1-107-01136-6.
  • Chang, H. (2003). Globalization, economic growth and the role of the state. Zed Books, ISBN: 978-1-84277-143-4.
  • Chang, H. (2007). The East Asian development: the miracle, the crisis, and the future. Zed Books.
  • Coase, R. H. (1990). The firm, the market, and the law. The University of Chicago Press, ISBN: 978-0-226-11101-6.
  • Dawkins, R. (1989). The selfish gene. Oxford University Press, ISBN: 978-0-19-929115-1.
  • Dennett, D. (1995). Darwin’s dangerous idea: evolution and the meaning of life. Simon & Schuster, ISBN: 978-0-684-82421-0.
  • Dennett, D. (2017). From bacteria to bach and back: the evolution of minds. W.W. Norton & Company, ISBN: 978-0-393-24207-2.
  • Domingos, P. (2015). THE MASTER ALGORITHM: HOW THE QUEST FOR THE ULTIMATE LEARNING MACHINE WILL REMAKE OUR WORLD. Basic Books, ISBN: 978-0-465-06570-7
  • Easterlin, R. A. (2004). The reluctant economists. Cambridge University Press, ISBN: 978-0-521-82974-7.
  • Foroohar, R. (2016). Makers and takers: the rise of finance and the fall of American business. Crown Business, ISBN: 978-0-553-44723-1.
  • Freud, S. (2017). Civilization and Its discontents. Indie Books. ISBN: 978-1-985-75845-2.
  • Galbraith, J. K. (1960). The affluent society. Houghton Mifflin Hardcourt Publishing Company, ISBN: 978-0-395-92500-3.
  • Georgescu-Roegen, N. (1971). The entrophy and economic process. Harvard University Press, ISBN: 978-0-674-25780-4.
  • Goldsmith, J. and Wu, T. (2008). Who controls the internet: illusions of a borderless world. Oxford University Press, ISBN: 978-0-19-534064-8.
  • Gribbin, J. (2004). Deep simplicity: bringing order to chaos and complexity. Random House, ISBN: 978-1-4000-6256-0.
  • Harari, Y. N. (2017). Homo deus: a brief history of tomorrow. Harper, ISBN: 978-0-06-246431-6.
  • Hargreaves, D. (2019). Are chief executives overpaid?. Polity, ISBN: 978-1-5095-7780-9.
  • Hayek, F. (1978). Constitution of liberty. University of Chicago Press, ISBN: 978-0-226-32084-7.
  • Holland, J. H. (1992). Adaptation in natural and artificial systems: an intoductory analysis with applications to Biology, control and artificial intelligence. The MIT Press, ISBN: 978-0-262-08213-6.
  • Holland, J. H. (1995). Hidden order: how adaptation build complexity. Basic Books, ISBN: 978-0-201-44230-4.
  • Hoyle, F. (1988). The intelligent universe: a new view of creation and evolution. Holt Reinhart Winston, ISBN: 978-0-0307-0083-5.
  • Jones, D. S. (2012). Masters of the universe: Hayek, Friedman, and the birth of neoliberal politics. Princeton University Press, ISBN: 978-0-691-15157-1.
  • Kassouf, S. and Thorp, E. O. (1967). Beat the market: a scientific stock market system. Random House, ISBN: 978-0-394-42439-5.
  • Kauffman, S. (1993). Origins of order: self reganization and selection in evolution, Oxford University Press, ISBN: 978-0-19-507951-5.
  • Kauffman, S. (2019). A world beyond physics: the emergence & evolution of life. Oxford University Press, ISBN: 978-o-19-087133-8.
  • Kindleberger, C. (2005). Manias, panics, and crashes: a history of financial crises. John Wiley & Sons, Inc. ISBN: 978-0-471-46714-4.
  • Kirman, A. (2011). Complex economics: individual and collective rationality. Routledge, ISBN: 978-0-203-84749-7.
  • Kurzweil, R. (2005). The singularity is near: when humans transcend biology. Penguin Books, ISBN: 978-0-14-303788-0.
  • Kurzweil, R. (2013). How to create a mind: the secrets of human thought revealed. Penguin Books, ISBN: 978-0-14-312494-7.
  • Lazonick, W. (2009). Sustainable prosperity in the new economy; business organization and the high-tech employment in the United States. W.E. Upjohn Institute for Employment Research, ISBN: 9780-88099-350-0.
  • Lo, A. (2017). Adaptive markets: financial evolution at the speed of thought. Princeton University Press, ISBN: 978-0-691-13514-4.
  • Mandelbrot, B. (1997). Fractals and scaling in finance: discontunuity, concentration, risk. Springer-Verlag, ISBN: 978-0-387-98363-5.
  • Mandelbrot, B. (1998). Fractals: form, chance, and dimention. Springler-Verlag, ISBN: 978-7167-0473-7 .
  • Mandelbrot, B. (2004). The [mis]behavior of market: a fractal view of risk, ruin, and reward . Basic Books, ISBN: 978-0-465-04357-7.
  • Margulis, L. (1998). Symbiotic planet: a new look at evolution. Basic Books, ISBN: 978-0-465-07272-0.
  • Margulis, L. and Sagan, D. (2000). What is life?. University of California Press, ISBN: 978-0-520-22021-8.
  • Marvin Minsky, (2006). The emotion machine: commonsense thinking, artificial intelligence, the future the human mind. Simon & Schuster Paperbacks, ISBN: 978-0-7432-7664-1.
  • Mazzucato, M. (2018). The value of everything: making and taking in the global economy. Public Affairs, ISBN: 978-1-61039-674-5.
  • McAfee, A. and Brynjolfsson, E. (2017). Machine, platform, crowd: harnessing our digital future , W.W. Norton & Company, ISBN: 978-0-393-25429-7.
  • McGilchrist, I. (2010). The master and his emissary: the divided brain and the making of the western world. Yale University Press, ISBN: 978-0-300-18837-0.Mirowski, P. (2013). Never let a serious crisis go to waste: how neoliberalism survived the financial meltdown. ISBN: 978-1-78168-079-7.
  • Metcalfe, S. (1998). Evolutionary economics and creative destruction. Routledge,ISBN: 978-0-415-40648-2.
  • Minsky, M. (1986). Society of mind. Simon & Schuster, ISBN: 978-0-671-65713-5.
  • Minsky, M. (2006). Emotion machine: comonsense thinking, artificial intelligence, and future of the human mind. Simon & Schuster Paperbacks, ISBN: 978-0-7432-7664-1.
  • Mirowski, P. (2002). Machine dreams: economics becomes a cyborg science. Cambridge University Press, ISBN: 978-0-521-77526-4.
  • Nelson, R. and Winter, W. (1982). An evolutionary theory of economic change. Harvard University Press,] ISBN: 978-0-624-27228-5.
  • Orrell, D. (2018). Quantum economics: the new science of money. Icon Books, ISBN: 978-1-78578-399-9.
  • Pentland, A. (2015). Social physics: how social networks can make us smarter. Penguin Books, ISBN: 978-0-14-312633-1.
  • Pentland, A. (2008). Honest signals: how they shape our world. The MIT Press, ISBN: 978-0-262-51512-2.
  • Perez, C. (2002). Technological revolutions and financial capital: the dynamics of bubbles and golden ages. Edward Elgar, ISBN: 978-1-84376-331-1.
  • Raworth. K. (2017). Doughnut economics: 7 ways to think like a 21st century economist. Chelsea Green Publishing, ISBN: 978-1-60358-796-9.
  • Rivkin, J. (2015). The zero marginal cost society: the internet of things, the collaborative commons, and the eclipse of capitalism. St. Martin’s Griffin, ISBN: 978-1-137-28011-4.
  • Seabright, P. (2010). The company of strangers: a natural history of economic life. Princeton University Press, ISBN: 978-0-691-14666-1.
  • Sejnowski, T. J. (2018). The deep learning revolution. The MIT Press, ISBN: 978-0-262-033803-4.
  • Shapiro, C. and Hal Varian, (2017). Information rules: a strategic guide to network economy. ISBN: 978-0-87584-843-1.
  • Smith, J. M. (1982). Evolution and the theory of games. Cambridge University Press, ISBN: 978-0-521-28884-3.
  • Srnicel, N. (2017). Platform capitalism. Polity Press, ISBN: 978-1-5095-0487-9.
  • Taleb, N. N. (2012). Antifragile: things that gain from disorder. Random House, ISBN: 978-1-4000-6782-4.
  • Tegmak, M. (2017). LIFE 3.0; Being human in the age of artificial intelligence. Alfred A. Knopf, ISBN: 978-1-101-94659-6.
  • Teilhard de Chardin, P. (2004). The future of man. Doubleday, ISBN: 978-0-385-51072-1.
  • Tepper J. and Hearn, D. (2019). The myth of capitalism: monopolies and the death of competition. Wiley, ISBN: 978-1-119-54819-5.
  • Tenner, E. (2018). The efficiency paradox: what big data can’t do. Alfred A. Knopf, ISBN: 978-1-40000-4139-8.
  • Tenner, E. (2018). The efficiency paradox: what big data can’t do. Alfred A. Knopf, ISBN: 978-1-40000-4139-8.
  • Thiel P. and Masters, B. (2014). Zero to one: notes on startups, or how to build the future. Crown Business Books, ISBN: 978—8041-3929-8.
  • Turner, A. (2016). Between debt and the devil: money, credit, and fixing global finance. Princeton University Press, ISBN: 978-0-671-16944-4.
  • Varoufakis, Y., Halevi, J. and Nicholas J. (2011). Theocararakis, modern political economics: making sense of the post-2008. World Routledge, ISBN: 978-0-415-42875-0.
  • Zuboff, S. (2019). The age of surveillance capitalism: the fight for a human future at the frontier of power. Public Affairs, ISBN: 978-1-61039-589-4.
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  • Wendt, A. (2015). Quantum mind and social science: unifying physical and social ontology. Cambridge University Press, ISBN: 978-1-107-44292-4.
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  • Woodward, B. (2000). Maestro: Greenspan’s Fed and the American Boom. Simon & Schuster, ISBN: 978-0-7432-0412-3 2017 OXFAM report.
  • Wu, T. (2011). The master switch: the rise and fall of information empires. Vintage Books, ISBN: 978-0-307-39099-8.
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Novacene: The emergence of low cost microchip enabled information-economy from inexpensive petroleum based mass-production economy

Year 2019, Volume: 1 Issue: 2, 155 - 204, 31.12.2019

Tunç Özelli

Abstract

The text examines the main insights of the new sciences and disciplines, and shows how they reveal the flaws of orthodox NEOCLASSICAL ECONOMIC THEORY hacked from NEWTONIAN PHYSICS, in explaining and predicting the catastrophic events of the near economic history, and provides new ways of understanding the role of Alan Greenspan’s monetary policy of the United States [1987-2006] in the emergence of unimpeded global dominance of plutocratic intangible economy of ASSET MANAGER CAPITALISM that simultaneously produced a decade long secular stagnation in the rich world with global sharp steady increases in inequality of wealth and income distribution during and after the 2008 financial crisis. A brief history of the transition from MANAGERIAL CAPITALISM of nation states of the post-World War II institutionalized with the BRETTON WOODS AGREEMENT, to global ASSET MANAGER CAPITALISM, is presented to enlighten CHIMERICA’s evolution [China+America], and President Trump’s attempts to dismember it by enabling the emergence of a bipolar world- TECHNOLOGY COLD WAR by weaponized global interdependence. The globally interdependent techno-sphere is shown as an enabled outcome of the implementation of WASHINGTON CONCENSUS of Anglo-American ASSET MANAGER CAPITALISM, that survived a comatose near death experience in 2007-2008. The major warriors and battlegrounds of THE TECHNOLOGY COLD WAR are identified. The text shows how GAIA THEORY sheds new light on economic growth, how fuzzy logic affects the national accounts, how accounting systems over-value the assets of publicly traded multinational companies balance sheets, and how network theory reveals the value of relationships, and argues that the economy needs to be viewed as a complex, chaotic system, as scientists view nature, not as an equilibrium seeking NEWTONIAN construct.

Keywords

Asset manager capitalism Managerial capitalism Attention merchant’s capitalism Chimarica

References

  • Arthur, W. B. (2015). Complexity and the economy. Oxford University Press, ISBN: 978-0-19-933429-2.
  • Barabasi, A. L. (1998). Bursts: the hidden patterns behind everything we do, from your e-mail to bloody crusades. A Plume Book, ISBN: 978-0-452-29718-0.
  • Baumol, W. J. (1993). Enterpreneurship, management, and the structure of payoffs. The MIT press, ISBN: 978-0-262-51886-4.
  • Beinhocker, E. D. (2007). The origin of wealth: evolution, complexity, and the radical remaking of economics. Random House Business Books, ISBN: 978-0-712-67661-8.
  • Bostrom, N. (2016). Superintelligence: paths, dangers, strategies. Oxford University Press, ISBN: 978-0-19-873983-8.Brynjolfsson E. and McAfee, A. (2014). The second Machibe age: work, progress, and prosperity in a time of brilliant technologies. W.W. Norton & Company, ISBN: 978-0-393-23935-5.
  • Boulding, K. (1979). Ecodynamics: a new theory of societal evolution. Sage View Printing, ISBN: 978-0- 80390-945-8.
  • Bootle, R. (2012). The trouble with markets: saving capitalism from itself. Nicholas Brealey Publishing, ISBN: 978-1-85788-558-3.
  • Busemeyer, J. R. and Bruza, P. D. (2012). Quantum models of cognition and decision. Cambridge University Press, ISBN: 978-1-107-41988-9.
  • Capra, F. (1983). Turning point: science, society, and the rising culture. Bantham Books, 1983, ISBN: 978-0-553-34572-8.
  • Capra, F. and Luisi, P. L. (2014). The system view of life: a unifying vision. Cambridge University Press, ISBN: 978-1-107-01136-6.
  • Chang, H. (2003). Globalization, economic growth and the role of the state. Zed Books, ISBN: 978-1-84277-143-4.
  • Chang, H. (2007). The East Asian development: the miracle, the crisis, and the future. Zed Books.
  • Coase, R. H. (1990). The firm, the market, and the law. The University of Chicago Press, ISBN: 978-0-226-11101-6.
  • Dawkins, R. (1989). The selfish gene. Oxford University Press, ISBN: 978-0-19-929115-1.
  • Dennett, D. (1995). Darwin’s dangerous idea: evolution and the meaning of life. Simon & Schuster, ISBN: 978-0-684-82421-0.
  • Dennett, D. (2017). From bacteria to bach and back: the evolution of minds. W.W. Norton & Company, ISBN: 978-0-393-24207-2.
  • Domingos, P. (2015). THE MASTER ALGORITHM: HOW THE QUEST FOR THE ULTIMATE LEARNING MACHINE WILL REMAKE OUR WORLD. Basic Books, ISBN: 978-0-465-06570-7
  • Easterlin, R. A. (2004). The reluctant economists. Cambridge University Press, ISBN: 978-0-521-82974-7.
  • Foroohar, R. (2016). Makers and takers: the rise of finance and the fall of American business. Crown Business, ISBN: 978-0-553-44723-1.
  • Freud, S. (2017). Civilization and Its discontents. Indie Books. ISBN: 978-1-985-75845-2.
  • Galbraith, J. K. (1960). The affluent society. Houghton Mifflin Hardcourt Publishing Company, ISBN: 978-0-395-92500-3.
  • Georgescu-Roegen, N. (1971). The entrophy and economic process. Harvard University Press, ISBN: 978-0-674-25780-4.
  • Goldsmith, J. and Wu, T. (2008). Who controls the internet: illusions of a borderless world. Oxford University Press, ISBN: 978-0-19-534064-8.
  • Gribbin, J. (2004). Deep simplicity: bringing order to chaos and complexity. Random House, ISBN: 978-1-4000-6256-0.
  • Harari, Y. N. (2017). Homo deus: a brief history of tomorrow. Harper, ISBN: 978-0-06-246431-6.
  • Hargreaves, D. (2019). Are chief executives overpaid?. Polity, ISBN: 978-1-5095-7780-9.
  • Hayek, F. (1978). Constitution of liberty. University of Chicago Press, ISBN: 978-0-226-32084-7.
  • Holland, J. H. (1992). Adaptation in natural and artificial systems: an intoductory analysis with applications to Biology, control and artificial intelligence. The MIT Press, ISBN: 978-0-262-08213-6.
  • Holland, J. H. (1995). Hidden order: how adaptation build complexity. Basic Books, ISBN: 978-0-201-44230-4.
  • Hoyle, F. (1988). The intelligent universe: a new view of creation and evolution. Holt Reinhart Winston, ISBN: 978-0-0307-0083-5.
  • Jones, D. S. (2012). Masters of the universe: Hayek, Friedman, and the birth of neoliberal politics. Princeton University Press, ISBN: 978-0-691-15157-1.
  • Kassouf, S. and Thorp, E. O. (1967). Beat the market: a scientific stock market system. Random House, ISBN: 978-0-394-42439-5.
  • Kauffman, S. (1993). Origins of order: self reganization and selection in evolution, Oxford University Press, ISBN: 978-0-19-507951-5.
  • Kauffman, S. (2019). A world beyond physics: the emergence & evolution of life. Oxford University Press, ISBN: 978-o-19-087133-8.
  • Kindleberger, C. (2005). Manias, panics, and crashes: a history of financial crises. John Wiley & Sons, Inc. ISBN: 978-0-471-46714-4.
  • Kirman, A. (2011). Complex economics: individual and collective rationality. Routledge, ISBN: 978-0-203-84749-7.
  • Kurzweil, R. (2005). The singularity is near: when humans transcend biology. Penguin Books, ISBN: 978-0-14-303788-0.
  • Kurzweil, R. (2013). How to create a mind: the secrets of human thought revealed. Penguin Books, ISBN: 978-0-14-312494-7.
  • Lazonick, W. (2009). Sustainable prosperity in the new economy; business organization and the high-tech employment in the United States. W.E. Upjohn Institute for Employment Research, ISBN: 9780-88099-350-0.
  • Lo, A. (2017). Adaptive markets: financial evolution at the speed of thought. Princeton University Press, ISBN: 978-0-691-13514-4.
  • Mandelbrot, B. (1997). Fractals and scaling in finance: discontunuity, concentration, risk. Springer-Verlag, ISBN: 978-0-387-98363-5.
  • Mandelbrot, B. (1998). Fractals: form, chance, and dimention. Springler-Verlag, ISBN: 978-7167-0473-7 .
  • Mandelbrot, B. (2004). The [mis]behavior of market: a fractal view of risk, ruin, and reward . Basic Books, ISBN: 978-0-465-04357-7.
  • Margulis, L. (1998). Symbiotic planet: a new look at evolution. Basic Books, ISBN: 978-0-465-07272-0.
  • Margulis, L. and Sagan, D. (2000). What is life?. University of California Press, ISBN: 978-0-520-22021-8.
  • Marvin Minsky, (2006). The emotion machine: commonsense thinking, artificial intelligence, the future the human mind. Simon & Schuster Paperbacks, ISBN: 978-0-7432-7664-1.
  • Mazzucato, M. (2018). The value of everything: making and taking in the global economy. Public Affairs, ISBN: 978-1-61039-674-5.
  • McAfee, A. and Brynjolfsson, E. (2017). Machine, platform, crowd: harnessing our digital future , W.W. Norton & Company, ISBN: 978-0-393-25429-7.
  • McGilchrist, I. (2010). The master and his emissary: the divided brain and the making of the western world. Yale University Press, ISBN: 978-0-300-18837-0.Mirowski, P. (2013). Never let a serious crisis go to waste: how neoliberalism survived the financial meltdown. ISBN: 978-1-78168-079-7.
  • Metcalfe, S. (1998). Evolutionary economics and creative destruction. Routledge,ISBN: 978-0-415-40648-2.
  • Minsky, M. (1986). Society of mind. Simon & Schuster, ISBN: 978-0-671-65713-5.
  • Minsky, M. (2006). Emotion machine: comonsense thinking, artificial intelligence, and future of the human mind. Simon & Schuster Paperbacks, ISBN: 978-0-7432-7664-1.
  • Mirowski, P. (2002). Machine dreams: economics becomes a cyborg science. Cambridge University Press, ISBN: 978-0-521-77526-4.
  • Nelson, R. and Winter, W. (1982). An evolutionary theory of economic change. Harvard University Press,] ISBN: 978-0-624-27228-5.
  • Orrell, D. (2018). Quantum economics: the new science of money. Icon Books, ISBN: 978-1-78578-399-9.
  • Pentland, A. (2015). Social physics: how social networks can make us smarter. Penguin Books, ISBN: 978-0-14-312633-1.
  • Pentland, A. (2008). Honest signals: how they shape our world. The MIT Press, ISBN: 978-0-262-51512-2.
  • Perez, C. (2002). Technological revolutions and financial capital: the dynamics of bubbles and golden ages. Edward Elgar, ISBN: 978-1-84376-331-1.
  • Raworth. K. (2017). Doughnut economics: 7 ways to think like a 21st century economist. Chelsea Green Publishing, ISBN: 978-1-60358-796-9.
  • Rivkin, J. (2015). The zero marginal cost society: the internet of things, the collaborative commons, and the eclipse of capitalism. St. Martin’s Griffin, ISBN: 978-1-137-28011-4.
  • Seabright, P. (2010). The company of strangers: a natural history of economic life. Princeton University Press, ISBN: 978-0-691-14666-1.
  • Sejnowski, T. J. (2018). The deep learning revolution. The MIT Press, ISBN: 978-0-262-033803-4.
  • Shapiro, C. and Hal Varian, (2017). Information rules: a strategic guide to network economy. ISBN: 978-0-87584-843-1.
  • Smith, J. M. (1982). Evolution and the theory of games. Cambridge University Press, ISBN: 978-0-521-28884-3.
  • Srnicel, N. (2017). Platform capitalism. Polity Press, ISBN: 978-1-5095-0487-9.
  • Taleb, N. N. (2012). Antifragile: things that gain from disorder. Random House, ISBN: 978-1-4000-6782-4.
  • Tegmak, M. (2017). LIFE 3.0; Being human in the age of artificial intelligence. Alfred A. Knopf, ISBN: 978-1-101-94659-6.
  • Teilhard de Chardin, P. (2004). The future of man. Doubleday, ISBN: 978-0-385-51072-1.
  • Tepper J. and Hearn, D. (2019). The myth of capitalism: monopolies and the death of competition. Wiley, ISBN: 978-1-119-54819-5.
  • Tenner, E. (2018). The efficiency paradox: what big data can’t do. Alfred A. Knopf, ISBN: 978-1-40000-4139-8.
  • Tenner, E. (2018). The efficiency paradox: what big data can’t do. Alfred A. Knopf, ISBN: 978-1-40000-4139-8.
  • Thiel P. and Masters, B. (2014). Zero to one: notes on startups, or how to build the future. Crown Business Books, ISBN: 978—8041-3929-8.
  • Turner, A. (2016). Between debt and the devil: money, credit, and fixing global finance. Princeton University Press, ISBN: 978-0-671-16944-4.
  • Varoufakis, Y., Halevi, J. and Nicholas J. (2011). Theocararakis, modern political economics: making sense of the post-2008. World Routledge, ISBN: 978-0-415-42875-0.
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Details

Primary Language English
Subjects Economics
Journal Section Errata
Authors

Tunç Özelli This is me

Publication Date December 31, 2019
Submission Date May 2, 2019
Published in Issue Year 2019 Volume: 1 Issue: 2

Cite

APA Özelli, T. (2019). Novacene: The emergence of low cost microchip enabled information-economy from inexpensive petroleum based mass-production economy. Journal of Ekonomi, 1(2), 155-204.
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