EP118 Matt Ridley on How Innovation Works

Matt Ridley talks to Jim about his latest book, How Innovation Works: And Why It Flourishes in Freedom. They cover innovation vs invention, improbable order, the value of technological innovation, the importance of the steam engine, innovation as a team sport, the history of vaccination, fossil fuel's role in the industrial revolution, negative impacts of patents, the light bulb & simultaneous invention, water chlorination, the Haber–Bosch process, the green revolution, GMO's, innovation opposition, nuclear power, the western innovation famine, Matt's bet against Elon Musk's hyperloop technology, and much more.