Economic Organization, Capabilities and Coordination

6

INFORMATION AND INVESTMENT IN A WIDER CONTEXT¹

Denis O’Brien

INTRODUCTION

It can fall to few authors to succeed in generating, with a single work, a subculture in which professionals, familiar with the work, all acknowledge both its importance and its neglect by the wider intellectual community. Yet this is precisely what George Richardson achieved with Information and Investment (1960). Nonetheless, precisely because it is a subculture that is involved, the real nature of the book’s importance and influence remains shadowy, and it may well be that for others, as for me, the matter has required some further reflection. It is with gratitude that I recognise that the invitation from Brian Loasby has enabled me to engage in such further reflection. ...