The Power of Creative Destruction: The Economic Overthrow and the Wealth of Nations by Philippe Aghion, Céline Antonin and Simon Bunel, translated by Jodie Cohen-Tanugi, Belknap Press
In this important book, Aghion of the Collège de France and the London School of Economics and two collaborators explain research on Joseph Schumpeter's basic idea of ??"creative destruction." This is based on three bases: first, "innovation and knowledge dissemination are at the heart of the growth process"; second, "innovators are motivated by the possibility of a profitable monopoly"; and, finally, innovation threatens incumbents who will struggle to disrupt it.
Economics in a Virus: An Introduction to Economic Reasoning through Covid-19 by Ryan A Bourne, Cato 14.99
In this wonderful book, the free market Bourne Cato Institute applies economic ideas to the issues raised by the pandemic. Among other topics, he explains the externalities, the relationship between private behavior and public policy, cost-benefit analysis, marginal thinking, decision-making under uncertainty, regulatory exchanges, trade value, how politics determines who is saved and why we were unprepared for a danger so widely known.
Innovation in Real Countries: Strategies for Prosperity in a World Without Forgiveness by Dan Breznitz, Press University University Oxford
In this fascinating book, Breznitz, a professor at the Munk School at the University of Toronto, argues that innovation is “the only way to ensure growth sustainable economic and long-term human well-being ”. But, essentially, "innovation is not an invention, nor is it high technology and the creation of new technology and tools." It is "the complete process of getting new ideas and creating new or improved products and services." This Catholicism provides fascinating knowledge.
Building a Better World for All by Mark Carney, William Collins
Carney, the former governor of the Bank of England, has written a startling book. It starts with a special emphasis on the difference between a market economy and a market society. He then discusses how we are challenged by three crises - the global financial crisis, the Covid-19 crisis and the climate crisis. Finally, it is a call to recognize the value of values, among which are "responsibility, justice, integrity, dynamism, solidarity and sustainability."
Wealth Collectors: How Billionaires Pay Millions to Hide Trillions from Chuck Collins, Polity 50
In this compelling book, Collins, a man who donated an inherited fortune, describes in detail the network of legal protections - tax havens, faiths, shell companies, and even charities - built by smart and unprincipled members of the industry. protection of wealth, to protect large fortunes, themselves often the product of fraud, corruption and outright gangsterism.
