Can the process of creative destruction restore economic growth? Reflections on the book “The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations” by Philippe Aghion, Céline Antonin, and Simon Bunel (Belknap Press [2021])
Type de matériel :
72
This article explores some questions raised in the recent book by Philippe Aghion, Céline Antonin, and Simon Bunel. The central motivation of this book was to understand how to resume economic growth after the health crisis. The article emphasizes two particular aspects. One is the need to compensate for job losses resulting from disruptive technologies. The other is related to the importance of public choices in guiding the process of creative destruction. JEL classification codes: 1445, 1511
Réseaux sociaux