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Restarting the Future

How to Fix the Intangible Economy
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( 61 ratings, 10 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Restarting the Future explores the economic stagnation and rising inequality experienced over recent decades, attributing these issues to outdated institutions in an economy increasingly reliant on intangible assets such as ideas, relationships, brands, and knowledge. Authors Jonathan Haskel and Stian Westlake argue that the slow growth in intangible investments has hindered prosperity, fairness, and resilience. Drawing on their expertise in finance and economic policy, they offer a forward-thinking roadmap with radical yet practical solutions for financing businesses, enhancing cities, funding research, reforming monetary policy, and reshaping intellectual property for a thriving intangible economy.
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Format: Hardback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for readers interested in economics, public policy, finance, and the evolving role of intangible assets in modern economies. It will particularly appeal to students, policymakers, business leaders, and anyone keen to understand and influence the future of economic prosperity and institutional reform.

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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! 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.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Critics praise Restarting the Future as a thought-provoking and compelling work. Martin Wolf of the Financial Times calls it "thought-provoking," while Daniel Finkelstein of the Times describes it as a "compelling new book." Adrian Wooldridge at Bloomberg Opinion highlights its combination of commonsense and ingenious solutions and regards it as an important book worthy of wide debate. Nick Peterson of the Financial Times values the insights into how current institutions inhibit an economy dominated by intangibles. Diane Coyle of Enlightened Economist simply calls it "an excellent book."

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Book Details

INFORMATION

ISBN: 9780691211589

Publisher: Princeton University Press

Format: Hardback

Date Published: 05 April 2022

Country: United States

Imprint: Princeton University Press

Illustration: 30 b/w illus. 3 tables.

Audience: General / adult, Tertiary education, Professional and scholarly

DIMENSIONS

Width: 140.0mm

Height: 216.0mm

Weight: 250g

Pages: 320

About the Author

Jonathan Haskel is professor of economics at Imperial College Business School and an external member of the Monetary Policy Committee of the Bank of England. Stian Westlake is executive chair of the Economic and Social Research Council. They are the authors of Capitalism without Capital: The Rise of the Intangible Economy (Princeton) and cowinners of the Indigo Prize.

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  • Restarting the Future
    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...
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  • Restarting the Future
    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...
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