Building Wealth: The New Rules for Individuals, Companies, and Nations in a Knowledge-Based Economy

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Harper Collins, Jul 3, 2000 - Business & Economics - 336 pages
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There is no doubt that we are in the middle of a transition to a knowledge-based economy. Breakthrough technologies in microelectronics, biotechnology, new materials, telecommunications, robotics, and computers are fundamentally changing the game of creating wealth. While these new industries are growing explosively, existing industries such as banking and retail are being transformed beyond recognition. As a result, a new global economy is emerging to replace existing national economies.

What will it take for individuals, companies, and entire countries to succeed in the new economics of the twenty-first century? Rather than focusing on spending, Lester C. Thurow argues that we must emphasize investment in basic knowledge, education, and infrastructure. Only by committing ourselves to building communal wealth can we maximize opportunities for building personal wealth as well. Building Wealth is an indispensable guide to surviving -- and thriving -- in the economies of the twenty-first century.

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BUILDING WEALTH: The New Rules for Individuals, Companies and Nations in a Knowledge-Based Economy

User Review  - Jane Doe - Kirkus

A lesson plan for coping with the realities of the economic future. An economist at MIT and author of several previous books (The Future of Capitalism, 1996, etc.), Thurow is no stranger to the task ... Read full review

Building wealth: the new rules for individuals, companies, and nations in a knowledge-based economy

User Review  - Not Available - Book Verdict

The U.S. economy surged past those of Europe and Japan in the last decade in terms of the creation of jobs and market wealth. According to best-selling author and MIT economist Thurow (The Future of ... Read full review

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About the author (2000)

Lester C. Thurow is the Lemelson Professor of Management and Economics at the Massachusetts Institute of Technology, where he has taught since 1968. From 1987 through 1993 he was dean of MIT's Sloan School of Management. His previous books include the New York Times bestsellers The Zero-Sum Society and The Future of Capitalism.

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