Edmund S. Phelps, "Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change" English |...
Yet indigenous innovation and flourishing weakened decades ago. In America, evidence indicates that innovation and job satisfaction have decreased since the late 1960s, while postwar Europe has never recaptured its former dynamism. The reason, Phelps argues, is that the modern values underlying the modern economy are under threat by a...
