Shows how the digital revolution, sponsored by government and funded by speculation, now challenges the authority and legitimacy of the state.
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William H. Janeway is a Senior Advisor and Managing Director of Warburg Pincus. He joined Warburg Pincus in 1988 and was responsible for building the information technology investment practice. Dr Janeway is also a director of Magnet Systems, Nuance Communications, and O'Reilly Media. He is an affiliated member of the Faculty of Economics at the University of Cambridge.
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Hardcover. Condition: new. Hardcover. Legendary economist Hyman Minsky identified author William H. Janeway as a 'theorist-practitioner' of financial economics; this book is an expression of that double life. Interweaving his unique professional perspective with political and financial history, Janeway narrates the dynamics of the innovation economy from the standpoint of a seasoned practitioner of venture capital, operating on the frontier where innovative technology transforms the market economy. In this fully revised and updated edition, Janeway explains how state investment in national goals enables the innovation process and why financial bubbles accelerate and amplify its impact. Now, the digital revolution, sponsored by the state and funded by speculation, has matured to attack the authority, and even the legitimacy, of governments. The populist response in the west, especially in the United States, opens the door for China to seize leadership of the innovation economy from America. In this fully revised and updated edition, Janeway interweaves his professional experience with political and financial history, giving a lively explanation of how successive technological revolutions have transformed the market economy, and revealing why America may yield leadership of the innovation economy to China. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9781108471275