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With this first of eight volumes, the eminent economist Fritz Machlup launches his monumental inquiry into the production of knowledge as an economic activity. Volume I presents the conceptual framework for this inquiry and falls into three parts: Types of Knowledge, Qualities of Knowledge, and Knowledge as a Product.
Originally published in 1981.
The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
- Sales Rank: #2949284 in Books
- Published on: 2014-07-14
- Released on: 2014-07-14
- Original language: English
- Number of items: 1
- Dimensions: 9.25" h x .69" w x 6.00" l, .94 pounds
- Binding: Paperback
- 304 pages
Most helpful customer reviews
2 of 2 people found the following review helpful.
Knowledge economy classic: nuggets of gold but hard work
By Noel Derry
You've got to admire Fritz Malchup embarking on an eight-volume opus in his eighth decade. He saw it as an update of his seminal 1962 work, "The Production and Distribution of Knowledge in the United States", to which we can largely trace the concept of the knowledge economy. For anyone interested in the place of knowledge in the economy, the discussion of knowledge from an economist's perspective can be enlightening.
Unfortunately his style is rambling and repetitive, so reading the book from cover to cover requires a fair dose of self-discipline. But it's worth it, particulary for his taxonomy of types and uses of knowledge and his perceptive distinction between knowledge as capital and information as flows.
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