Matt Ridley on How Innovation Works
EconTalk
The Dual Nature of Innovation
This chapter explores the complex nature of innovation, discussing its potential to both enhance prosperity and lead to societal challenges. It reflects on the historical impacts of technologies like social media and aviation, weighing the benefits against emerging issues such as populism and cancel culture. The conversation also emphasizes the importance of governance in fostering an environment conducive to progress, advocating for permissionless innovation and the value of direct political discourse.
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