The past two decades have witnessed sluggish economic growth, mounting inequality, dysfunctional competition, and a host of other ills that have left people wondering what has happened to the future they were promised. Restarting the Future reveals how these problems arise from a failure to develop the institutions demanded by an economy now reliant on intangible capital such as ideas, relationships, brands, and knowledge.
In this ground-breaking and provocative book, Jonathan Haskel and Stian Westlake argue that the great economic disappointment of the century is the result of an incomplete transition from an economy based on physical capital, and show how the vital institutions that underpin our economy remain geared to an outmoded way of doing business. The growth of intangible investment has slowed significantly in recent years, making the world poorer, less fair, and more vulnerable to existential threats. Haskel and Westlake present exciting new ideas to help us catch up with the intangible revolution, offering a road map for how to finance businesses, improve our cities, fund more science and research, reform monetary policy, and reshape intellectual property rules for the better.
Drawing on Haskel and Westlake’s experience at the forefront of finance and economic policymaking, Restarting the Future sets out a host of radical but practical solutions that can lead us into the future.
About the authors
Jonathan Haskel is professor of economics at Imperial College Business School and an external member of the Monetary Policy Committee of the Bank of England. Stian Westlake is chief executive of the Royal Statistical Society. They are co-winners of the Indigo Prize.
Jonathan and Stian will introduce the book, following a welcome from Daniel Finkelstein, Associate Editor of The Times. A networking reception with the authors will then take place with copies of the book available to purchase on the night.
17.45 – 18.00 Registration and refreshments
18.00 – 18.10 Welcome from Daniel Finkelstein, Associate Editor of The Times
18.10 – 18.40 Overview of the book with authors Jonathan Haskel and Stian Westlake
18.40 – 19.00 Q&A chaired by Professor Francisco Veloso, Dean of Imperial College Business School
19.00 – 20.00 Book signing and networking reception
The health and safety of our guests is of the upmost importance and we continue to keep our plans under review, guided by the UK Government and by our own Covid response team. At present, we are asking all attendees to take a lateral flow test on the day of the event and strongly encourage guests to wear face coverings when transiting through indoor spaces on campus. We will update attendees with any changed policies nearer the time.