In this groundbreaking and provocative book, Jonathan Haskel and Stian Westlake argue that the great economic disappointment of the century is the result of an incomplete transition from an economy based on physical capital, and show how the vital institutions that underpin our economy remain geared to an outmoded way of doing business. The growth of intangible investment has slowed significantly in recent years, making the world poorer, less fair, and more vulnerable to existential threats. Haskel and Westlake present exciting new ideas to help us catch up with the intangible revolution, offering a road map for how to finance businesses, improve our cities, fund more science and research, reform monetary policy, and reshape intellectual property rules for the better.
Recent UPG updates
- Translating Myself and Others. Luminous essays on translation and self-translation by the award-winning writer and literary translator
- Art After Liberalism is an account of creative practice at a moment of converging social crises. It is also an inquiry into emergent ways of living, acting, and making art in the company of others.
- Are We Rich Yet? The Rise of Mass Investment Culture in Contemporary Britain. An in-depth history of how finance remade everyday life in Thatcher’s Britain.
- Journey into the universe through the most spectacular sights in astronomy in stereoscopic 3D
- Partial Truths helps readers spot the fallacies lurking in everyday information, from politics to the criminal justice system, from religion to science, from business strategies to New Age culture.