Boiled Fish and Other Economic Miracles
The global economy consists of an evolving and interconnected set of production recipes. Just as in the kitchen, these recipes describe how to turn raw ingredients into things we can use. Standard economics has lots to say about efficiently making things that already exist, using known recipes; however, it has relatively little to say about how to create new recipes or modify existing ones. That’s what this talk is about: how new recipes come about, and what that process tells us about entrepreneurship, innovation, and the trend of history (… which, by the way, is up).
President Bill Clinton, Founder of the William J. Clinton Foundation and 42nd president of the United States:
“Philip Auerswald shows the role that innovators must play if we are to create ‘The Coming Prosperity.’ In this important book, he reminds us that challenging the status quo is the inescapable first step toward building the future of our dreams.”
The Wall Street Journal:
“Auerswald…digs down to show the many ways in which progress depends on creativity, not to mention persistence and luck…a lively writing style, and the analysis is lightened with personal anecdotes and pop-culture references.”
Richard Florida, Director, Martin Prosperity Institute, Rotman School of Management, University of Toronto, Senior Editor at The Atlantic, and author ofThe Rise of the Creative Class:
“If you want to understand where and how the economy will recover, read this book. The Coming Prosperity illuminates our current historical moment and shines a light on the future we can have. Philip Auerswald weaves together a rich tapestry of insights that underpin a desperately needed ‘reset’ in our policies, institutions, economy and society.”
Umair Haque, author of The New Capitalist Manifesto: Building a Disruptively Better Business
“The brilliant book you’re holding isn’t just a chronicle of necessary economic transformation — it’s a field guide to being a builder, an architect, a prime mover of the next global economy. One that’s not just optimized for the industrial age pursuit of more, bigger, faster, cheaper, but for fundamentally better in terms that matter to humans. So if your goal might be summarized thus — ‘Ignore the haters. Listen to what matters. Topple the status quo’ — then fasten your seatbelt, take a deep breath, and get ready to create the future.”
Jacqueline Novogratz, founder and CEO of Acumen Fund:
“The Coming Prosperity is a refreshingly optimistic look at the role of entrepreneurship in building a more just and interconnected world. Auerswald is not only an economist, but also a real storyteller-this book is a relevant and engaging read for all of us interested in creating a more prosperous planet.”
Anne-Marie Slaughter, Bert G. Kerstetter ’66 University Professor of Politics and International Affairs at Princeton University:
“Philip Auerswald has given us a tonic for troubled times, one carefully calibrated to meet every skeptic’s objection. His message is one of entrepreneurship, collaboration, and connection, unlocking the creative talent of billions all over the world. The Coming Prosperity is a compelling read.”