Books of Account
The Rational Optimist
Increasing returns from innovation exchange
What makes possible the phenomenon of a perpetual innovation machine driving the modern economy? The innovation machine owes its existence not mainly to science (which is its beneficiary more than its benefactor); nor to money (which is not always a limiting factor); nor to patents (which often get in the way); nor to government (which is bad at innovation), argues Matt Ridley in The Rational Optimist: How prosperity evolves.