Simplifying Complexity cover image

What made the Medici family so influential?

Simplifying Complexity

CHAPTER

How Do You Know if Your Bank Is Successful in Some Places?

Bank went door-to-door in villages to find people who were good information spreaders. Found that the most important predictor of whether a bank would be successful was if they ended up talking to highly diffusion central people, like teachers and shopkeepers. In one village this teacher was very well connected; in another he wasn't so well connected.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner