Capitalism Without Capital: The Rise of the Intangible Economy, Jonathan Haskel
  • List: $19.99  |  Sale: $13.99
    Club: $9.99
    • Facebook Share
    • Twitter Share
    • Pinterest Share

Details

Capitalism Without Capital: The Rise of the Intangible Economy

Author: Jonathan Haskel

Narrator: Derek Perkins

Unabridged: 8 hr 56 min

Format: Digital Audiobook

Publisher: Recorded Books

Published: 12/08/2017

Genre: Business & Economics - Economic History

Synopsis

The first comprehensive account of the growing dominance of the intangible economy Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, R&D, or software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, from tech firms and pharma companies to coffee shops and gyms, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the big economic changes of the last decade. The rise of intangible investment is, Jonathan Haskel and Stian Westlake argue, an underappreciated cause of phenomena from economic inequality to stagnating productivity. Haskel and Westlake bring together a decade of research on how to measure intangible investment and its impact on national accounts, showing the amount different countries invest in intangibles, how this has changed over time, and the latest thinking on how to assess this. They explore the unusual economic characteristics of intangible investment, and discuss how these features make an intangible-rich economy fundamentally different from one based on tangibles. Capitalism without Capital concludes by presenting three possible scenarios for what the future of an intangible world might be like, and by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies. Author bio: Jonathan Haskel is professor of economics at Imperial College London. Stian Westlake is a senior fellow at Nesta, the UK's national foundation for innovation.

Recommended

A History of the United States in Five Crashes Stock Market Meltdowns That Defined a Nation, Scott Nations
A History of the United States in Five Crashes
by Scott Nations

In this absorbing, smart, and accessible blend of economic and cultural history in the vein of the works of Michael Lewis and Andrew Ross Sorkin, a financial executive and CNBC contributor examines the five most significant stock market crashes in ...

Narrator: Christopher Grove
Published: 06/13/2017

The Quants How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It, Scott Patterson
The Quants
by Scott Patterson

In March 2006, the world’s richest men sipped champagne in an opulent New York hotel. They were preparing to compete in a poker tournament with ­million-dollar stakes. At the card table that night was Peter Muller, who managed a fabulously...

Narrator: Mike Chamberlain
Published: 02/02/2010

The Smartest Guys in the Room The Amazing Rise and Scandalous Fall of Enron, Bethany McLean
The Smartest Guys in the Room
by Bethany McLean

Just as Watergate was the defining political story of its time, so Enron is the biggest business story of our time. And just as All the President's Men was the one Watergate book that gave readers the full story, with all the drama and nuance,...

Narrator: Dennis Boutsikaris
Published: 11/02/2010

Debt The First 5,000 Years, David Graeber
Debt
by David Graeber

Before there was money, there was debt Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter systems-to relieve ancient people from having to haul their goods to market. The problem with thi...

Narrator: Grover Gardner
Published: 06/11/2013

The Wealth of Nations, Adam Smith; edited by George Smith
The Wealth of Nations
by Adam Smith; edited by George Smith

An Inquiry into the Nature and Causes of the Wealth of Nations is one of the most important and influential works ever published on economic theory and is the foundation of classical economics. In it, Adam Smith stresses the importance of the divisi...

Narrator: Craig Deitschmann with a supporting cast
Published: 08/14/2012

Why Nations Fail The Origins of Power, Prosperity, and Poverty, Daron Acemoglu
Why Nations Fail
by Daron Acemoglu

Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the we...

Narrator: Dan Woren
Published: 03/20/2012

The Quants How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It, Scott Patterson
The Quants
by Scott Patterson

In March 2006, the world’s richest men sipped champagne in an opulent New York hotel. They were preparing to compete in a poker tournament with ­million-dollar stakes. At the card table that night was Peter Muller, who managed a fabulously...

Narrator: Mike Chamberlain
Published: 02/02/2010

A Splendid Exchange How Trade Shaped the World, William J. Bernstein
A Splendid Exchange
by William J. Bernstein

Adam Smith wrote that man has an intrinsic "propensity to truck, barter, and exchange one thing for another." But how did trade evolve to the point where we don't think twice about biting into an apple from the other side of the world? In A Splend...

Narrator: Mel Foster
Published: 04/25/2008

Too Big to Fail The Inside Story of How Wall Street and Washington Fought to Save the FinancialS ystem---and Themselves, Andrew Ross Sorkin
Too Big to Fail
by Andrew Ross Sorkin

Andrew Ross Sorkin's websiteAndrew Ross Sorkin's interview on Charlie RoseWatch a VideoAndrew Ross Sorkin delivers the first true behind-the-scenes, moment-by-moment account of how the greatest financial crisis since the Great Depression developed i...

Narrator: William Hughes
Published: 09/22/2009
{"id":"2012090","ean":"9781501978128","abr":"Unabridged","title":"Capitalism Without Capital: The Rise of the Intangible Economy","subtitle":"The Rise of the Intangible Economy","author":"Jonathan Haskel","rating_average":"5","narrator":"Derek Perkins","ubr_id":"2012090","abr_id":"0","ubr_price":"19.99","abr_price":"0.00","ubr_memprice":"11.99","abr_memprice":"0.00","ubr_narrator":"Derek Perkins","abr_narrator":"","ubr_length":"Unabridged: 8 hr 30 min","abr_length":"Abridged: "}