Paul Romer: A Theory of History, with an Application

Paul Romer is best known as the lead developer of New Growth Theory, which shows how societies can speed up the discovery and implementation of new technologies; essentially, ideas about how objects interact. However, to address the big problems we’ll face this century; insecurity, harm to the environment, and global poverty, new technologies will not be enough. His current focus is on mechanisms that can speed up the discovery and implementation of new rules - ideas about how people interact. For his work on the economics of ideas, Paul was named one of America’s 25 most influential people by TIME magazine.