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Eric Beinhocker & Diane Coyle on Rethinking Economics for A Sustainable & Prosperous World (EPE 02)

COMPLEXITY

CHAPTER

The Data Economy Is Not Just More Data Is Better

The public private divide is something that bears heavily in these considerations. It's not clear to me that it's an easy thing to re configure the way that we imagine the use of these metrics. We've got a very individualist tradition in economics and in law. And even some of the solutions that talked about data as labor, so you get paid for providing some of your data sees it as a property transaction. For me, that's the wrong way to think about it because it is a crystallization on a computer of social relations.

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