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 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. 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. show more
Goodreads is the world's largest site for readers with over 50 million reviews. We're featuring millions of their reader ratings on our book pages to help you find your new favourite book.
Close
X
{"bd_js_shop":"Shop","bd_js_too_long_for_shipping_label":"Sorry, that's too long for our shipping labels","bd_js_why_are_you_leaving":"Why are you leaving?","bd_omnibus_ph1_price_statement_suffix":"vs RRP","bd_js_too_long":"Sorry, that's too long","bd_js_could_not_find_address_try_again":"Sorry, we couldn't find the address. Please try again","bd_js_lack_of_reviews":"Lack of reviews","bd_saving_percent_off":"{0}%<br>off","bd_js_missing_book_information":"Missing book information or cover","bd_js_total_basket_count":"{0, plural, one {You have <b><span class='item-count'>1</span> <span class='item-text'>item</span></b> in your basket} other {You have <b><span class='item-count'>#</span> <span class='item-text'>items</span></b> in your basket}}","bd_js_total_cost":"Total cost: <b class='pink-text big total'>{0}</b>","bd_js_show_less":"show less","bd_try_abe_books":"Try AbeBooks","bd_js_item_added_to_your_basket":"Item added to your basket","bd_js_quick_view":"Quick View","bd_js_lack_of_inside_images":"Lack of inside images","bd_rrp":"RRP","bd_link_prefix":"","bd_js_wrong_book_information":"Wrong book information or cover","bd_js_unable_get_address_enter_manually":"Sorry, we are unable to get the address. Please enter manually:","bd_js_keep_typing_to_refine_search_results":"Keep typing to refine the search results","bd_pre_order":"Pre-order","bd_js_top_categories":"Top Categories","bd_price_save":"Save {0}","bd_notify_me":"Notify me","bd_js_name_only_letters":"Sorry, full name can only contain letters","bd_js_show_more":"show more","bd_js_enter_valid_email_address":"Please enter a valid email address","bd_js_delivery_time":"Delivery time","bd_js_enter_address_manually":"Enter address manually","bd_js_more_categories":"More Categories","bd_30_day_low_price_carousel":"30-day low price","bd_js_continue_shopping":"Continue Shopping","bd_js_account_and_help":"Account & Help","bd_js_price":"Price","bd_js_basket_checkout":"Basket / Checkout","bd_add_to_basket":"Add to basket","bd_js_enter_first_last_name":"Please enter a first and last name","bd_js_please_enter_your":"Please enter your"}
