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Restarting the Future: How to Fix the Intangible Economy

Paperback / softback

Main Details

Title Restarting the Future: How to Fix the Intangible Economy
Authors and Contributors      By (author) Jonathan Haskel
By (author) Stian Westlake
SeriesPrinceton ANZ Paperbacks
Physical Properties
Format:Paperback / softback
Pages:256
Dimensions(mm): Height 216,Width 139
Category/GenreEconomics
ISBN/Barcode 9780691241098
ClassificationsDewey:330
Audience
General
Illustrations 30 b/w illus. 3 tables.

Publishing Details

Publisher Princeton University Press
Imprint Princeton University Press
Publication Date 15 April 2022
Publication Country United States

Description

From the acclaimed authors of Capitalism without Capital, radical ideas for restoring prosperity in today's intangible economy The past two decades have witnessed sluggish economic growth, mounting inequality, dysfunctional competition, and a host of other ills that have left people wondering what has happened to the future they were promised. Restarting the Future reveals how these problems arise from a failure to develop the institutions demanded by an economy now reliant on intangible capital such as ideas, relationships, brands, and knowledge. In this groundbreaking and provocative book, Jonathan Haskel and Stian Westlake argue that the great economic disappointment of the century is the result of an incomplete transition from an economy based on physical capital, and show how the vital institutions that underpin our economy remain geared to an outmoded way of doing business. The growth of intangible investment has slowed significantly in recent years, making the world poorer, less fair, and more vulnerable to existential threats. Haskel and Westlake present exciting new ideas to help us catch up with the intangible revolution, offering a road map for how to finance businesses, improve our cities, fund more science and research, reform monetary policy, and reshape intellectual property rules for the better. Drawing on Haskel and Westlake's experience at the forefront of finance and economic policymaking, Restarting the Future sets out a host of radical but practical solutions that can lead us into the future.