The Power of Creative Destruction
Economic Upheaval and the Wealth of Nations
Book • 2020
Philippe Aghion, Céline Antonin, and Simon Bunel's 'The Power of Creative Destruction' offers a comprehensive analysis of economic development by highlighting the role of innovation and entrepreneurship in driving growth.
The book argues that creative destruction, a process where new technologies and firms replace old ones, is crucial for sustained economic progress and addressing challenges like inequality and climate change.
The book argues that creative destruction, a process where new technologies and firms replace old ones, is crucial for sustained economic progress and addressing challenges like inequality and climate change.
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Recommended by Martin Wolf as the best economics book among his picks, focusing on growth, innovation, and taming these processes.
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