The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations by Simon Bunel, Celine Antonin, Philippe Aghion (Hardcover, 2021)

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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, Celine 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.

Product Identifiers

PublisherHarvard University Press
ISBN-139780674971165
eBay Product ID (ePID)27049036099

Product Key Features

Publication Year2021
SubjectEconomics
Number of Pages400 Pages
LanguageEnglish
Publication NameThe Power of Creative Destruction: Economic Upheaval and the Wealth of Nations
TypeTextbook
AuthorSimon Bunel, Celine Antonin, Philippe Aghion
FormatHardcover

Dimensions

Item Height235 mm
Item Width156 mm

Additional Product Features

Country/Region of ManufactureUnited States
Title_AuthorPhilippe Aghion, Simon Bunel, Celine Antonin
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