We are living through a paradigm shift from trickle-down neoliberalism to middle-out economics — a new understanding of who gets what and why. Join zillionaire class-traitor Nick Hanauer and some of the world’s leading economic and political thinkers as they explore the latest thinking on how the economy actually works.
All content for Pitchfork Economics with Nick Hanauer is the property of Civic Ventures and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
We are living through a paradigm shift from trickle-down neoliberalism to middle-out economics — a new understanding of who gets what and why. Join zillionaire class-traitor Nick Hanauer and some of the world’s leading economic and political thinkers as they explore the latest thinking on how the economy actually works.
Back to Basics Series: Where does economic growth really come from? (with W. Brian Arthur and Cesar Hidalgo)
Pitchfork Economics with Nick Hanauer
46 minutes
3 months ago
Back to Basics Series: Where does economic growth really come from? (with W. Brian Arthur and Cesar Hidalgo)
Is economic growth just about money, trade, and GDP? Or is something deeper at play?
In this episode, economist W. Brian Arthur and physicist Cesar Hidalgo join Nick and Goldy to reveal the real drivers of rising prosperity: human knowledge, know‑how, and innovation. They challenge the old assumptions of growth and argue that innovation isn't a byproduct of a strong economy—it's a cause of economic growth. Once we understand that, it changes how we think about investing in people and shaping the economy.
Part of our Back‑to‑Basics summer series. Essential listening for anyone who believes that growth should empower people, not enrich the status quo.
This episode originally aired January 15, 2019.
W. Brian Arthur is an economist and complexity theorist, renowned for his work on technology and innovation. A longtime researcher at the Santa Fe Institute and former Stanford professor, he’s the author of The Nature of Technology, in which he argues that economic growth stems from evolving combinations of existing technologies.
Cesar Hidalgo is a physicist, professor at the Toulouse School of Economics, and Director at the Center for Collective Learning at Corvinus University of Budapest. He’s also the author of Why Information Grows, where he explores how knowledge and know-how shape economies, arguing that real prosperity comes from embedding insights in people and collaborative networks.
Social Media:
@cesifoti.bsky.social
Further reading:
The Nature of Technology
Why Information Grows
Complexity Economics: A Different Framework for Economic Thought
Economic Complexity: From useless to keystone
Complexity Economics Shows Us Why Laissez-Faire Economics Always Fails
Website: http://pitchforkeconomics.com
Instagram: @pitchforkeconomics
Threads: pitchforkeconomics
Bluesky: @pitchforkeconomics.bsky.social
Twitter: @PitchforkEcon, @NickHanauer, @civicaction
YouTube: @pitchforkeconomics
LinkedIn: Pitchfork Economics
Substack: The Pitch
Pitchfork Economics with Nick Hanauer
We are living through a paradigm shift from trickle-down neoliberalism to middle-out economics — a new understanding of who gets what and why. Join zillionaire class-traitor Nick Hanauer and some of the world’s leading economic and political thinkers as they explore the latest thinking on how the economy actually works.