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Positive Linking: How Networks Can Revolutionise the World by Paul Ormerod challenges the conventional economics narrative that treats individuals as isolated rational actors. Instead, Ormerod argues that our interconnected, networked society demands a radically different understandingone that integrates nudge theory with network effects to inform smarter policy and economic strategy. As social and economic crises reveal the limitations of mechanistic models, this book demonstrates how harnessing positive linking could lead to more effective solutionsfrom governance to business and beyond
Key Topics Covered:
Critique of conventional economic models that ignore interdependence
The power of network effects in shaping decisions and behaviors in modern societies
The role of nudge theory within a networked context
Policy implications: designing smarter, network-aware strategies for social and economic governance
Real-world examples illustrating network influence, such as community-based models of cooperation
Paul Ormerod, Positive Linking, network effects, behavioral economics, nudge theory, conventional economics, interconnected society, policy design, economic critique, modern networks, decision-making, positive linking