The Power of Creative Destruction
By:Philippe Aghion
Published on 2021-04-20 by Harvard University Press
From one of the world’s leading economists and his coauthors, a cutting-edge analysis of what drives economic growth and a blueprint for prosperity under capitalism.
Crisis seems to follow crisis.
Inequality is rising, growth is stagnant, the environment is suffering, and the COVID-19 pandemic has exposed every crack in the system.
We hear more and more calls for radical change, even the overthrow of capitalism.
But the answer to our problems is not revolution.
The answer is to create a better capitalism by understanding and harnessing the power of creative destruction—innovation that disrupts, but that over the past two hundred years has also lifted societies to previously unimagined prosperity.
To explain, Philippe Aghion, Céline Antonin, and Simon Bunel draw on cutting-edge theory and evidence to examine today’s most fundamental economic questions, including the roots of growth and inequality, competition and globalization, the determinants of health and happiness, technological revolutions, secular stagnation, middle-income traps, climate change, and how to recover from economic shocks.
They show that we owe our modern standard of living to innovations enabled by free-market capitalism.
But we also need state intervention with the appropriate checks and balances to simultaneously foster ongoing economic creativity, manage the social disruption that innovation leaves in its wake, and ensure that yesterday’s superstar innovators don’t pull the ladder up after them to thwart tomorrow’s.
A powerful and ambitious reappraisal of the foundations of economic success and a blueprint for change, The Power of Creative Destruction shows that a fair and prosperous future is ultimately ours to make.
This Book was ranked at 387 by Google Books for keyword International Taxes.
Book ID of The Power of Creative Destruction's Books is 7SAZEAAAQBAJ, Book which was written by "Philippe Aghion" have ETAG "FRp6XmfJD58"
Book which was published by Harvard University Press since 2021-04-20 have ISBNs, ISBN 13 Code is 0674971167 and ISBN 10 Code is 9780674971165
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