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César Hidalgo on Why Information Grows

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  • Economics and Finance
  • Social networks

César visits the RSA to present a new view of the relationship between individual and collective knowledge, linking information theory, economics and biology to explain the deep evolution of social and economic systems.

In a radical rethink of what an economy is, one of WIRED magazine’s 50 People Who Could Change the World, César Hidalgo argues that it is the measure of a nation’s cultural complexity – the nexus of people, ideas and invention - rather than its GDP or per-capita income, that explains the success or failure of its economic performance. To understand the growth of economies, Hidalgo argues, we first need to understand the growth of order itself.

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