CFS Lecture

Philippe Aghion will present his new book, The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations. Aghion and his coauthors Céline Antonin and Simon Bunel address calls for radical change in the economic system by examining today’s most fundamental economic questions, from the roots of growth and inequality, to competition, globalization, secular stagnation, and more. They show that innovations enabled by free-market capitalism improved our standard of living and argue for state intervention with appropriate checks and balances to maintain economic creativity while managing the social disruption that innovation leaves in its wake.

The event was moderated by Prof. Dr. Dr. hc. mult. Otmar Issing.