Tag Archives: china

To Manage for Innovation is to Manage for Progress not Stability

progress and stability are mutually exclusive

Something extraordinary happened to the human species over the past two centuries: Economic growth transformed everyday life and changed poverty from a near-universal condition to a limited problem. The technologies that enabled this change emerged largely in Western Europe. Why there  and not, say, in China?

The Washington Post explores why the industrial revolution didn’t happen in China in a fascinating interview with economic historian Joel Mokyr.