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Books > Business & Economics > Economics > Economic systems
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Better Capitalism - Renewing the Entrepreneurial Strength of the American Economy (Hardcover)
Loot Price: R2,022
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Better Capitalism - Renewing the Entrepreneurial Strength of the American Economy (Hardcover)
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From two of the nation's leading economic thinkers, a concrete
action plan to reignite the power of the U.S. economic system In
the wake of the Great Recession and America's listless recovery
from it, economists, policymakers, and media pundits have argued at
length about what has gone wrong with the American capitalist
system. Even so, few constructive remedies have emerged. This
welcome book cuts through the chatter and offers a detailed,
nonideological, and practical blueprint to restore the vigor of the
American economy. Better Capitalism extends and significantly
expands on the insights of the authors' widely praised previous
book, Good Capitalism, Bad Capitalism, co-written with William
Baumol. In Better Capitalism, Robert E. Litan and Carl J. Schramm
focus on the huge-but often unrecognized-importance of
entrepreneurship to overall economic growth. They explain how
changes in seemingly unrelated policy arenas-immigration,
education, finance, and federal support of university research-can
accelerate America's recovery from recession and spur the nation's
rate of growth in output while raising living standards. The
authors also outline an innovative energy strategy and discuss the
potential benefits of government belt-tightening steps. Sounding an
optimistic note when gloomy predictions are the norm, Litan and
Schramm show that, with wise and informed policymaking, the
American entrepreneurial engine can rally and the true potential of
the U.S. economy can be unlocked.
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