Periods of Schumpetarian creative destruction are well captured by indicators of turbulence that highlight changes in inter-firm variety, such as the market share instability index and relative growth rates. Entry/exit rates do not always serve this purpose. The point is illustrated through the...

Intro -- Table of Contents -- Title -- Copyright -- Dedication -- Acknowledgements -- Notes on Contributors -- 1. Rethinking Capitalism: An Introduction -- Capitalism and its discontents -- Rethinking economic policy -- Beyond market failure: towards a new approach -- Notes -- 2. The Failure of...