{"product_id":"capitalism-without-capital-by-jonathan-haskel-9780691183299","title":"Capitalism without Capital","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cb\u003eSelected for Askblog's Books of the Year 2017, chosen by Arnold Kling\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003eOne of Financial Times (FT.com) Best Books of 2017: Economics\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003eOne of the Economist.com \"Wise Words 2017 Books of the Year\" in Economics and Business\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003eOne of Blackwell's Best of Non-Fiction 2017\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003eEarly in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. \u003ci\u003eCapitalism without Capital\u003c\/i\u003e shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity.\u003c\/p\u003e\n\n\u003cp\u003eJonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. \u003ci\u003eCapitalism without Capital\u003c\/i\u003e concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003e'Compelling... Haskel and Westlake have mapped the economics of a challenging new economy.' - Martin Wolf, \u003ci\u003eFinancial Times\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003e'One of this year's most important and stimulating economic reads... Read this book.' - Tyler Cowen, \u003ci\u003eMarginal Revolution\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003e'For an introduction... it would be hard to do better than \u003ci\u003eCapitalism without Capital\u003c\/i\u003e, which is clear and lively and raises - without having all the answers - the relevant questions.' - Diane Coyle, \u003ci\u003eEnlightened Economist\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003e'The book makes its case in a lighthearted, conversational way that will appeal to economists and non-economists alike.' - \u003ci\u003eThe Economist\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\n\n\u003cp\u003e\u003cb\u003e'One of the year's most talked-about books.' - John Harris, \u003ci\u003eThe Guardian\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hachette Aotearoa New Zealand","offers":[{"title":"Default Title","offer_id":47595931304172,"sku":"9780691183299","price":59.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780691183299-capitalism-without-capital.jpg?v=1777910928","url":"https:\/\/bookhero.co.nz\/products\/capitalism-without-capital-by-jonathan-haskel-9780691183299","provider":"Book Hero","version":"1.0","type":"link"}