The “Rational Optimist” creator provides his tackle the financial historical past and attainable futures of prosperity’s most necessary driver: innovation
Twenty-one totally different individuals can moderately declare to have invented the sunshine bulb, however Thomas Edison is the one we learn about. Was it simply good PR? In keeping with Matt Ridley, it was as a result of Edison was the progenitor of an “innovation factory” that didn’t simply create issues however introduced them to market in a manner nobody else did.
Innovation is among the most necessary forces within the financial system, and arguably crucial driver of human prosperity during the last century. But, for many of its life, it has been considered as some unusual exogenous drive, somewhat than as a self-discipline that could possibly be understood.
On this dialog with NLW and Ridley focus on:
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