How Innovation Works

And Why It Flourishes in Freedom

Matt Ridley 2020 Beaverton Library 303.483 RID . . . Ridley website

This book doesn't footnote sources - which fact comes from which paper or book? Mant of the people who should learn from Ridley will reject him for ideological reasons, and some of his sources may inform those opponents while bypassing their ideological reflexes.

The usual story of innovation is The Great Inventor Working Alone. Ridley shows that most invention is incremental, a series of quick improvements by many technicians, either collaborating or competing. The Great Inventor myth is the justification for patents and monopoly, designed to hinder competition and maximize monopoly rents rather than rate of improvement.

HowInnovationWorks (last edited 2022-03-09 02:04:13 by KeithLofstrom)