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Capitalism without Capital Jonathan Haskel

Capitalism without Capital By Jonathan Haskel

Capitalism without Capital by Jonathan Haskel


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Capitalism without Capital Summary

Capitalism without Capital: The Rise of the Intangible Economy by Jonathan Haskel

Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.

Capitalism without Capital Reviews

One of the Economist.com Wise Words 2017 Books of the Year in Economics and Business
One of Blackwell's Best of Non-Fiction 2017
One of Financial Times (FT.com) Best Books of 2017: Economics
Selected for Askblog's Books of the year 2017, chosen by Arnold Kling

About Jonathan Haskel

Jonathan Haskel is professor of economics at Imperial College Business School. Stian Westlake is advisor to the UK Minister of Science and Innovation. Haskel and Westlake were cowinners of the 2017 Indigo Prize.

Additional information

GOR009876361
9780691183299
0691183295
Capitalism without Capital: The Rise of the Intangible Economy by Jonathan Haskel
Used - Like New
Paperback
Princeton University Press
20181016
296
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
The book has been read, but looks new. The book cover has no visible wear, and the dust jacket is included if applicable. No missing or damaged pages, no tears, possible very minimal creasing, no underlining or highlighting of text, and no writing in the margins

Customer Reviews - Capitalism without Capital