S2 E6: Inventors/Engineers, Directed Technical Change, and the British Industrial Revolution with Walker Hanlon from Northwestern University

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The Innovation and Diffusion Podcast

20 episodes

5 days ago

Our podcast aims to generate easily accessible and engaging academic discussions on innovation and diffusion. We interview the leading thinkers around the world on new technologies and the way they change our world and economy. Hosts: Ruveyda Gozen (@ruveyda_gozen) and John Van Reenen (@johnvanreenen) The Economic and Social Research Council funds this podcast through the Programme on Innovation and Diffusion (POID) at LSE.

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S2 E6: Inventors/Engineers, Directed Technical Change, and the British Industrial Revolution with Walker Hanlon from Northwestern University

The Innovation and Diffusion Podcast

38 minutes 30 seconds

8 months ago

S2 E6: Inventors/Engineers, Directed Technical Change, and the British Industrial Revolution with Walker Hanlon from Northwestern University

In this episode, our guest is Walker Hanlon who is an Associate Professor in Economics at Northwestern University. We talked about if necessity is the mother of invention, different theories about directed technical change, why the British Industrial Revolution specifically persisted and more!

06:40 Necessity: the mother of invention?

08:20 What is directed technical change?

09:50 Theories on directed technical change

15:10 Laissez-Faire and Walker’s New Book!

20:00 Why did The British Industrial Revolution persist?

32:25 Cheezy Question and “This or That” Game!