42 Min.

Innovation Matters: Openness to creative destruction (part 1) - lessons from history UNECE

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How has our life improved though innovation? How has innovation occurred throughout history? How can policies be crafted to encourage innovative entrepreneurs to bring us more innovation? To guide us with these questions, Innovation Matters welcomes Professor Arthur Diamond to discuss his book "Openness to Creative Destruction: Sustaining Innovative Dynamism". In this podcast, which is the first of 3 episodes, he will start taking us through a narrative of human progress through creative destruction, or innovative dynamism, and its benefits. He demonstrates how such dynamism is far from inevitable, and the factors that, then and now, hold back its potential.

Arthur Diamond studied philosophy and economics at the University of Chicago, where he also was a Post-Doctoral Fellow with Nobel laureate Gary Becker. After Chicago, he was on the faculty at The Ohio State University and is now Professor of Economics at the University of Nebraska Omaha. Professor Arthur Diamond wrote the script for “Frank Knight and the Chicago School” in the Great Economic Thinkers series. His “Innovation Unbound” policy brief from the Mercatus Center argues entrepreneurship flourishes when regulations are few and “Innovative Dynamism Allows All to Flourish” article on Oxford University Press’s blog argues that entrepreneurial capitalism most benefits the poor and unprivileged. He is a member of the Mont Pelerin Society, a Fellow at the Adam Smith Institute, and a Senior Fellow at the American Institute for Economic Research.

How has our life improved though innovation? How has innovation occurred throughout history? How can policies be crafted to encourage innovative entrepreneurs to bring us more innovation? To guide us with these questions, Innovation Matters welcomes Professor Arthur Diamond to discuss his book "Openness to Creative Destruction: Sustaining Innovative Dynamism". In this podcast, which is the first of 3 episodes, he will start taking us through a narrative of human progress through creative destruction, or innovative dynamism, and its benefits. He demonstrates how such dynamism is far from inevitable, and the factors that, then and now, hold back its potential.

Arthur Diamond studied philosophy and economics at the University of Chicago, where he also was a Post-Doctoral Fellow with Nobel laureate Gary Becker. After Chicago, he was on the faculty at The Ohio State University and is now Professor of Economics at the University of Nebraska Omaha. Professor Arthur Diamond wrote the script for “Frank Knight and the Chicago School” in the Great Economic Thinkers series. His “Innovation Unbound” policy brief from the Mercatus Center argues entrepreneurship flourishes when regulations are few and “Innovative Dynamism Allows All to Flourish” article on Oxford University Press’s blog argues that entrepreneurial capitalism most benefits the poor and unprivileged. He is a member of the Mont Pelerin Society, a Fellow at the Adam Smith Institute, and a Senior Fellow at the American Institute for Economic Research.

42 Min.

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