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Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity
amazon.com
They will underline however tha... See more
Rakesh Bhandari • Tweet
The advance of human societies fundamentally requires that they continuously attain a balance between order and adaptability. Entrepreneurs are vital to the attainment and maintenance of prosperity because they are, by definition, the ones who push back against incumbent interests and, in so doing, maintain that balance.
Philip Auerswald • The Coming Prosperity: How Entrepreneurs Are Transforming the Global Economy
Rather than aiming to predict and control the economy’s behaviour, says Eric Beinhocker, a leading thinker in this field, economists should ‘think of policy as an adapting portfolio of experiments that helps to shape the evolution of the economy and society over time’. It’s an approach that aims to mimic the process of natural selection, often summ
... See moreKate Raworth • Doughnut Economics: The must-read book that redefines economics for a world in crisis
Good economic institutions will encourage citizens to invest, accumulate, and develop new technologies, as a result of which society will prosper.
Abhijit V. Banerjee • Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty
These are all highly contestable statements.
W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
foundations were laid in Victorian times. Now it is changing radically. Standard economics is suddenly being challenged by a number of new approaches: behavioral economics, neuroeconomics, new institutional economics. One of the new approaches came to life at the Santa Fe Institute: complexity economics.