Published Oct 26, 2015

Cesar Hidalgo on Why Information Grows

Russ Roberts and Cesar Hidalgo delve into the pivotal role of creativity and economic institutions in development, redefine information as physical order crucial for knowledge transmission, and dissect the dynamics of networks highlighting the importance of trust and the interplay between tacit and explicit knowledge in driving innovation.

Episode Highlights

Topics covered

Episode Highlights

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Dexa/Russ Roberts

Cesar Hidalgo on Why Information Grows

Topics covered

Popular Clips

China's Economic Capacity

Human Potential and Artificial Intelligence

The Value of Creativity

The Power of Optimism

The Struggle for Order

Uncovering Economic Interactions

Evolution of Production

The Nature of Information

Historical Systems and Economic Institutions

The Power of Tacit Knowledge

Collective Knowledge

Birth and Time Travel

The Role of Collaboration

Networks and Knowledge

Episode Highlights

Economic Development

Nature of Information

Networks and Knowledge

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Clay Shirky on Coase, Collaboration and Here Comes Everybody

Robert Solow on Growth and the State of Economics

Robert Barro on Growth

Yuval Harari on Sapiens

Bob Lucas on Growth, Poverty and Business Cycles

Paul Romer on Growth

John Cochrane on Economic Growth and Changing the Policy Debate

Arnold Kling on Prosperity, Poverty, and Economics 2.0

An Interview with Gary Becker

David Gelernter on Consciousness, Computers, and the Tides of Mind

Joel Mokyr on Growth, Innovation, and Stagnation

Arnold Kling on Knowledge, Power, and Unchecked and Unbalanced

Jimmy Wales on Wikipedia

William Easterly on Benevolent Autocrats and Growth

Paul Romer on Growth, Cities, and the State of Economics

Cesar Hidalgo on Why Information Grows

Topics covered

Popular Clips

Episode Highlights

Economic DevelopmentCesar Hidalgo explores the role of creativity and economic institutions in shaping economic development. He highlights the importance of inventive capacity and the influence of networks and institutions on a country's economic capabilities.

Economic Development

Nature of InformationCesar Hidalgo redefines information as physical order, emphasizing its role in transmitting knowledge and sustaining networks. He explores how information grows and is preserved across generations, highlighting the importance of cumulative culture and energy flows.

Nature of Information

Networks and KnowledgeCesar Hidalgo examines the intricate dynamics of knowledge types and the pivotal role of trust in economic networks. He underscores how tacit and explicit knowledge contribute to innovation, while trust facilitates efficient collaboration and reduces transaction costs.

Networks and Knowledge

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