The Market for Ideas and Economic Growth: A Historical Perspective

Speaker:  Joel Mokyr
Date:  April 14, 2014
Event:  Innovation for Growth and Shared Prosperity
Running Time: 42 minutes
 
 
 

SUMMARY

Joel Mokyr discusses the precise connection between the Industrial Revolution and the beginnings of innovation based growth. He examines the political and economic factors underlying the diffusion of knowledge. Defining the “Republic of Letters” as an institution, he illustrates how it transformed the dynamics of technological change and continues to define how academics are incentivized today. 

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