The Invention of Innovation, Featuring Matt Ridley

Published on by Coindesk | Published on

The "Rational Optimist" author gives his take on the economic history and possible futures of prosperity's most important driver: innovation.

Was it just good PR? According to Matt Ridley, it was because Edison was the progenitor of an "Innovation factory" that didn't just create things but brought them to market in a way no one else did.

Innovation is one of the most important forces in the economy, and arguably the most important driver of human prosperity over the last century.

Why it took so long for economists to take the study of innovation seriously.

Why innovation has tended to concentrate in geographically proximate areas.

Why free societies produce more innovation than closed societies.

Why China's innovation production over the last decade may be an exception that proves the rule of innovation thriving in freedom.

Why government winner picking is a terrible way to inspire innovation.

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