Imagine this: a mere century ago, the purchasing power of an average American was one-tenth of what it is today. But what will it take to sustain that growth through the next century? And what can be said about economic growth to aspiring nations seeking higher standards of living for their citizens? In this important book, William Baumol, Robert Litan, and Carl Schramm contend that the answers to these questions lie within capitalist economies, though many observers make the mistake of believing that capitalism is of a single kind. Writing in an accessible style, the authors dispel that myth, documenting four different varieties of capitalism, some "Good" and some "Bad" for growth. The authors identify the conditions that characterise Good Capitalism: the right blend of entrepreneurial and established firms, which can vary among countries; as well as the features of Bad Capitalism. They examine how countries catching up to the United States can move faster toward the economic frontier, while laying out the need for United States itself to stick to and reinforce the recipe for growth that has enabled it to be the leading economic force in the world. This path-breaking book is a must read for any one who cares about global growth and how to ensure America's economic future.
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本书写作时间大约是2005年-2006年,而上周,2014.7.19期 《Economist》本期封面专题是:米国经济的潜在增长率已降低,单位劳动生产力已下降,所以面临着明明失业率已很低、但GDP徘徊不前的情况(2014年上半年美帝GDP很糟)。感觉作者洋洋洒洒地写了280页,过了10年时间,没想到却是一场空。从2014年向前看去,未来一片黯淡。 PS:本书最好的部分应属对专利制度的批判和对如何让胜利者on their toe去持续竞争,因为近年来,失败的例子太多了。拿什么才能拯救资本主义精神?
评分本书写作时间大约是2005年-2006年,而上周,2014.7.19期 《Economist》本期封面专题是:米国经济的潜在增长率已降低,单位劳动生产力已下降,所以面临着明明失业率已很低、但GDP徘徊不前的情况(2014年上半年美帝GDP很糟)。感觉作者洋洋洒洒地写了280页,过了10年时间,没想到却是一场空。从2014年向前看去,未来一片黯淡。 PS:本书最好的部分应属对专利制度的批判和对如何让胜利者on their toe去持续竞争,因为近年来,失败的例子太多了。拿什么才能拯救资本主义精神?
评分ruined my midterm……
评分Best capitalism fuses entrepreneurial capitalism that innovates cutting-edge technology with big-firm capitalism which mass produces products in a low cost.
评分The authors have made their good points, yet it's quite lengthy and dull a reading
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