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Podcast: New Books in Business, Management, and Marketing
Episode: Adam Thierer, āPermissionless Innovation: The Continuing Case for Comprehensive Technological Freedomā (Mercatus Center, 2014)
Description: Much of the progress in technology today has come about as a result of innovators who did not seek prior approval from regulatory bodies and such. Yet, even with the beneficial results from innovations like the commercial Internet, mobile technologies, and social networks, a disposition exists to be overly cautious with respect to new things.Ā Adam ThiererĀ calls this theĀ āprecautionary principleāĀ in his new bookĀ Permissionless Innovation: The Continuing Case for Comprehensive Technological Freedom (Mercatus Center, 2014). The āprecautionary principleāāwhich, Thierer argues, is based on fear and concern about loss of controlālimits the creativity inherent in unfettered tinkering. In con...