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Philippe Aghion,Celine Antonin,Simon Bunel

The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations

The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations

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  • More about The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations

The Power of Creative Destruction is a book that examines the foundations of economic success and offers a fair and prosperous future by creating a better form of capitalism. It argues that free-market capitalism has enabled innovations, but state intervention is needed to foster economic creativity, manage social disruption, and ensure that yesterday's superstar innovators don't pull the ladder up after them.

Format: Paperback / softback
Length: 400 pages
Publication date: 07 March 2023
Publisher: Harvard University Press



The Power of Creative Destruction: An Ambitious Reappraisal of the Foundations of Economic Success



"The Power of Creative Destruction" is a groundbreaking book that has garnered critical acclaim and numerous awards. It has been recognized as a finalist for the prestigious Hayek Book Prize, a testament to its intellectual depth and significance. The book has also been acclaimed as the best book of the year by esteemed publications such as Foreign Affairs, Financial Times, and Forbes.

In a world grappling with rising inequality, stagnant growth, and environmental crises, "The Power of Creative Destruction" offers a compelling and optimistic vision for a fair and prosperous future. The book challenges the prevailing narrative that calls for radical change to our economic system, arguing instead that we can create a better form of capitalism.

Drawing on cutting-edge theory and extensive research, the book examines the fundamental drivers of economic growth, competition, globalization, and middle-income traps. It delves into the roots of inequality and climate change, exploring the impact of technology and the challenges posed by economic shocks.

The book advocates for a balanced approach that combines the benefits of free-market capitalism with state intervention. It recognizes the importance of innovation and creativity in driving economic progress, while also acknowledging the need for measures to manage social disruption and ensure that the benefits of innovation are shared widely.

"The Power of Creative Destruction" offers valuable insights into the complex dynamics of the global economy and provides practical solutions for policymakers and individuals seeking to navigate the challenges of our time. It is a must-read for anyone interested in understanding the foundations of economic success and shaping a more equitable and sustainable future.

Weight: 446g
Dimension: 154 x 235 x 30 (mm)
ISBN-13: 9780674292093

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