Metaeconomics Musings

(Update on 02/29/00.  You are at the University of Nebraska - Lincoln, USA).

 Synergy 

Curious things happen when you connect all to all.  Mathematicians have proven that the sum of a network increases as the square of the number of members.  In other words, as the number of nodes in a network increases arithmetically, the value of the network increases exponentially.  Adding a few more members can dramatically increase the value for all members.”                  Kelly, Kevin.  “New Rules for the New Economy:  Twelve Dependable Principles for Thriving in a Turbulent World.”  Wired.  (September 1997):  142.

 This quotation from a magazine devoted to what is happening in Web type computer communication is all about wiring nodes together in computer and communication networks.   It suggests a kind of synergism that arises as we all adopt the new Web related technologies, and broaden interaction with others. 

Perhaps a similar type of synergism arises as we enhance relationships through networking among individuals by not only electronic means but also by other more direct ways within an academic department or in other organizations and the community more generally.  Building relationships and linkages in a variety of networks is important to our individual and total  productivity.  This is not to say we ignore the individual.  Regarding our own academic department here at UNL, on the contrary, as the 1997 Academic Program Review Team Report ssuggests, division (and specialization) of labor is necessary but “... not sufficient (p. 25).”  The Report goes on to argue that “  ... an individual faculty member... would be more productive if the linkages existed.... (in fact) the success of the Department requires the linkages because its success depends on the unit acting in concert (p. 25).”   What can we do to “increase the value for all members” within these various communities of interest, both on and off-campus?  

As in the matter of synergism within academic departments, organizations and communities, this dimension is equally important in the economy.  Metaeconomics posits that it undergirds and gives strength to the market economy.

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