"cutthroat capitalism" that generates greater inequality and more innovation and will become the technology leaders, while others … will free- ride on the cutthroat incentives of the leaders and choose a more "cuddly" form of capitalism. Paradoxically … equilibrium, it is not a best response for the cutthroat capitalists to switch to a more cuddly form of capitalism. We also show …

"cutthroat capitalism" that generates greater inequality and more innovation and will become the technology leaders, while others … will free- ride on the cutthroat incentives of the leaders and choose a more "cuddly" form of capitalism. Paradoxically … equilibrium, it is not a best response for the cutthroat capitalists to switch to a more cuddly form of capitalism. We also show …

“cutthroat” capitalism that generates greater inequality and more innovation and will become the technology leaders, while others … will free-ride on the cutthroat incentives of the leaders and choose a more cuddly form of capitalism. Paradoxically, those … equilibrium, it is not a best response for the cutthroat capitalists to switch to a more cuddly form of capitalism. We also show …

We present a multi-country theory of economic growth and R&D-driven technological progress in which countries are …

We present a multi-country theory of economic growth and R&Ddriven technological progress in which countries are …

distributional variables, which is shown to differ across varieties of capitalism that have "neoliberalized" to different degrees. A … key result is that distributional change alone will not make US neoliberal capitalism financially sustainable due, in part …