Andrew Carter speaks to Chief Executive of the Royal Statistical Society and former government advisor Stian Westlake about his new book, Restarting the Future: How to Fix the Intangible Economy, which he co-authored alongside Jonathan Haskel.
This episode explores how there has been an incomplete transition from an economy based on physical capital to one based on intangible capital – such as ideas, brands, and knowledge. Westlake argues that this has left our economic institutions geared to an outmoded way of doing business, and that an institutional refresh is needed to drive growth and address inequalities.
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