Jean-Jacques Rosa offers an analysis of the "grand cycle" in social organization of the twentieth century, showing how the transformation in communication and information technology has led to the downfall of the old political and corporate hierarchies. He explains how today''s explosion of freely available information is fueling the democratic free-market revolution and reveals its universal contemporary consequences.

Jean-Jacques Rosa is a professor of economics and finance at Institut d'Etudes Politiques (Sciences Po, Paris) and dean of the MBA Sciences Po Program, which he launched there in 1993. He is a member of the Mont Pélerin Society, the American Economic Association, and the American Finance Association.