The past two decades have witnessed sluggish economic growth, mounting inequality, dysfunctional competition, and a host of other ills that have left people wondering what has happened to the future they were promised. In this short video for PUP Speaks, Restarting the Future authors Jonathan Haskel and Stian Westlake explain how we’ve become stuck mid-transition from an economy based on physical capital to one focused on intangible assets—and how we catch up.
About the Authors
Jonathan Haskel is professor of economics at Imperial College Business School and an external member of the Monetary Policy Committee of the Bank of England. Twitter @haskelecon Stian Westlake is chief executive of the Royal Statistical Society. Twitter @stianwestlake They are the authors of Capitalism without Capital: The Rise of the Intangible Economy (Princeton) and cowinners of the Indigo Prize.