Communication and Economic Theory

Focusing on the critical role of communication in market dynamics, the author reexamines established economic theories by integrating concepts from notable economists like Arrow and North. The book argues that communication is not merely a tool but a fundamental governance structure that influences actors' expectations and belief systems. By highlighting the need to reinterpret economic methodology and incorporate network-processing and discourse theories, it emphasizes the transformative impact of communication on economic behavior and decision-making.