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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. Jonathan Haskel and Stian Westlake argue in this ground-breaking and thought-provoking book that the great economic disappointment of the century is the result of an incomplete shift away from an economy based on physical capital. They also demonstrate how the key institutions that support our economy are still geared toward an antiquated way of conducting business. The world is now poorer, less just, and more exposed to existential risks as a result of the sharp slowdown in the rise of intangible investment in recent years. In order to keep up with the intangible revolution, Haskel and Westlake give innovative new solutions. They provide a roadmap for how to finance enterprises, enhance cities, invest more science and research, reform monetary policy, and improve intellectual property laws. 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.
| Author | Jonathan Haskel, Stian Westlake |
| Publisher | Princeton University Press |
| Language | English |
| Binding Type | Hardcover |
| Non Fiction | Business & Economics |
| ISBN13 | 9780691211589 |
| SKU | BK 0132497 |
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