The knowledge, resources, and computing power of billions ofpeople are self-organizing into a massive new collective force.Interconnected and orchestrated through blogs, wikis, chat rooms,peer-to-peer networks, and personal broadcasting, the Web is beingreinvented to provide the first global platform for collaborationin history. Encouraging consumers, employees, suppliers, partnersand competitors alike to share information and ideas, masscollaboration marks a profound change in the way business isconducted and radically alters the future of corporatearchitecture, strategy and management. WIKINOMICS is the definitiveinvestigation into how small businesses can achieve success byusing a dynamic ecosystem of partners to co-create and peer-producevalue in this newly-emerging, networked economy.
For the Third Edition, 2001 Nobel laureate Joseph Stiglitz joins forces with new co-author Carl Walsh, who brings both economic expertise and teaching savvy to the project. Together, Stiglitz and Walsh thoroughly integrate contemporary economics into the traditional curriculum. Recognizing the limitations of the traditional AS/AD model, the authors offer an improved framework for the analysis of macroeconomic fluctuations. This approach emphasizes the role of the Fed and the federal funds market in the determination of short-term interest rates. The result is an analysis of fluctuations in inflation/output space and a model reflecting the real world of macroeconomics that students encounter in the business press and other media.
In this title, two veteran "Wall Street Journal" reporters -issue a powerful indictment of the economic, political, and socialdynamics that encourage hunger and famine to continue even thoughwe know how to grow enough food to feed the world's population -and point out a clear path to change. Although the science andtechnology necessary to conquer famine has been available to us formore than thirty years, 25,000 people a day - and six millionchildren a year - die of hunger, malnutrition and related diseases.Thurow and Kilman, veteran reporters with "The Wall Street Journal"and the premier writers on hunger and food aid in Americanjournalism today, (their series of stories on the 2003 famines inEthiopia, Zimbabwe and Swaziland-titled "Anatomy of a Famine" - wasa finalist for the 2004 Pulitzer Prize in international reporting)perceive this fact as a matter of criminal negligence. In thispowerful narrative book, they journey around the world to exposethe economic, social, and political dynamics in both the
