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Mathematical physics

Mathematical physics

Why information grows

22 Sep 2015

In this podcast, physicist César Hidalgo from the Massachusetts Institute of Technology explains why he thinks physics could help us to understand economics – and in particular why some nations are financially stronger than others. Speaking to Matin Durrani – editor of Physics World – Hidalgo explains how concepts such as information, order and organization are key to that understanding. To him, economies are networks of individuals and people – and what is important is how know-how spreads from one place to another and also why that knowledge sometimes fails to spread

It is a novel approach and one that has led to some interesting ideas, including Hidalgo’s not

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