The Power of Creative Destruction

Hayek Book Prize FinalistAn Economist Best Book of the YearA Foreign Affairs Best Book of the YearA Financial Times Summer Reading Favorite“Sweeping, authoritative and-for the times-strikingly upbeat…The overall argument is compelling and…it carries a trace of Schumpeterian subversion.”-The Economist“[An] important book…Lucid, empirically grounded, wide-ranging, and well-argued.”-Martin Wolf, Financial Times“Offers…much needed insight into the sources of economic growth and the kinds of policies that will promote it…All in Washington would do well to read this volume carefully.”-Milton Ezrati, ForbesInequality is on the rise, growth stagnant, the environment in crisis. Covid seems to have exposed every crack in the system. We hear calls for radical change, but the answer is not to junk our economic system but to create a better form of capitalism.An ambitious reappraisal of the foundations of economic success that shows a fair and prosperous future is ours to make, The Power of Creativ