Chapter 3

ABSTRACT

If the last chapter focused on the production of knowledge, this one is primarily concerned with its distribution. Taken together, the two chapters lay the groundwork for a political economy of information.

All communication is costly and hence selective. Communication, to be effective, must overcome technical, semantic, and pragmatic barriers to the transmission of information. Meaningful communication always requires some minimum sharing of context between sender and receiver. Where this is difficult one must resort to shared abstractions in order to be understood. Abstraction facilitates the diffusion of a message since it increases the number of particular situations in which a message can have ...

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