{"title":"Hian Teck Hoon","description":"\u003cp\u003eHian Teck Hoon offers insightful explorations into the complexities of modern society through a political and current affairs lens. His works, such as \u003cem\u003eDynamism\u003c\/em\u003e, examine the forces shaping contemporary governance and social change, providing thoughtful analysis for readers interested in understanding today's world.\u003c\/p\u003e\n\n\u003cp\u003eWith a clear focus on the dynamics of power and policy, Hian Teck Hoon's writing engages with pressing issues and evolving trends. His nuanced approach makes these books essential reading for anyone seeking a deeper perspective on politics and current affairs.\u003c\/p\u003e","products":[{"product_id":"dynamism-by-edmund-phelps-9780674244696","title":"Dynamism","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cb\u003eNobel Laureate Edmund Phelps and an international group of economists argue that economic health depends on the widespread presence of certain values, in particular individualism and self-expression.\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003eNobel Laureate Edmund Phelps has long argued that the high level of innovation in the lead nations of the West was never a result of scientific discoveries plus entrepreneurship, as Schumpeter thought. Rather, modern values—particularly the individualism, vitalism, and self-expression prevailing among the people—fuelled the dynamism needed for widespread, indigenous innovation. Yet finding links between nations' values and their dynamism was a daunting task. Now, in \u003ci\u003eDynamism\u003c\/i\u003e, Phelps and a trio of coauthors take it on.\u003c\/p\u003e\n\n\u003cp\u003ePhelps, Raicho Bojilov, Hian Teck Hoon, and Gylfi Zoega find evidence that differences in nations' values matter—and quite a lot. It is no accident that the most innovative countries in the West were rich in values fuelling dynamism. Nor is it an accident that economic dynamism in the United States, Britain, and France has suffered as state-centred and communitarian values have moved to the fore.\u003c\/p\u003e\n\n\u003cp\u003eThe authors lay out their argument in three parts. In the first two, they extract from productivity data time series on indigenous innovation, then test the thesis on the link between values and innovation to find which values are positively and which are negatively linked. In the third part, they consider the effects of robots on innovation and wages, arguing that, even though many workers may be replaced rather than helped by robots, the long-term effects may be better than we have feared. Itself a significant display of creativity and innovation, \u003ci\u003eDynamism\u003c\/i\u003e will stand as a key statement of the cultural preconditions for a healthy society and rewarding work.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47424069730540,"sku":"9780674244696","price":75.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780674244696.jpg?v=1774769232"}],"url":"https:\/\/bookhero.co.nz\/collections\/hian-teck-hoon.oembed","provider":"Book Hero","version":"1.0","type":"link"}