Better capitalism : renewing the entrepreneurial strength of the American economy / Robert E. Litan and Carl Schramm.

Format:

Book

Author/Creator:

Litan, Robert E., 1950-

Contributor:

Schramm, Carl J.

Language:

English

Subjects (All):

Entrepreneurship--United States.

Entrepreneurship.

Capitalism--United States.

Capitalism.

United States--Economic policy.

United States.

Physical Description:

1 online resource (288 p.)

Edition:

1st ed.

Place of Publication:

New Haven : Yale University Press, c2012.

Language Note:

English

Summary:

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.

Contents:

Front matter

Contents

Preface

1. Toward Better Capitalism

2. Toward a New Understanding of the Economy: An Entrepreneurial Synthesis

3. Toward a More Entrepreneurial Economy

4. Unleashing America's Academic Entrepreneurs

5. Importing Entrepreneurs

6. Improving Entrepreneurial Finance

7. Toward Sustainable Growth

8. Averting Future Economic Crises

9. Entrepreneurship and the Opportunity Society

10. Conclusion: The Political Economy of Growth

Notes

Bibliography

Index

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references and index.

ISBN:

9786613909350

9781283596909

1283596903

9780300184693

0300184697

OCLC:

810317920