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The Production and Distribution of Knowledge in the United States
Author: Fritz Machlup

ISBN: 9780691003566
Format: Paperback
Number Of Pages: 436
Published: 17 December 1972
Country of Publication: US
Dimensions (cm): 23.5 x 15.5 x 2.5
Description:


"The Production and Distribution of Knowledge in the United States" marked the beginning of the study of our postindustrial information society. Austrian-born economist Fritz Machlup had focused his research on the patent system, but he came to realize that patents were simply one part of a much bigger "knowledge economy." He then expanded the scope of his work to evaluate everything from stationery and typewriters to advertising to presidential addresses--anything that involved the activity of telling anyone anything. "The Production and Distribution of Knowledge in the United States" then revealed the new and startling shape of the U.S. economy.

Machlup's cool appraisal of the data showed that the knowledge industry accounted for nearly 29 percent of the U.S. gross national product, and that 43 percent of the civilian labor force consisted of knowledge transmitters or full-time knowledge receivers. Indeed, the proportion of the labor force involved in the knowledge economy increased from 11 to 32 percent between 1900 and 1959--a monumental shift.

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