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The power of creative destruction economic upheaval and the wealth of nations

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서명/저자사항The power of creative destruction : economic upheaval and the wealth of nations/ Philippe Aghion, Céline Antonin, Simon Bunel ; translated by Jodie Cohen-Tanugi.
개인저자Aghion, Philippe,author.
Antonin, Céline,author,
Bunel, Simon,author,
발행사항Cambridge, Massachusetts: The Belknap Press of Harvard University Press, 2021.
형태사항1 online resource.
기타형태 저록Original 9780674971165 0674971167
ISBN9780674258686
0674258681


서지주기Includes bibliographical references and index.
요약From 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.
일반주제명Business cycles.
Income distribution.
Capitalism.
Disruptive technologies.
언어Translated from the French.
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