Capital’s Vanishing Act

Chapters in this book

1. Frontmatter i
2. Contents v
3. Illustrations vii
4. Acknowledgments ix
5. Introduction 1
6. Part I The Rise of the Intangible Economy
7. Capital’s Vanishing Act 15
8. How to Measure Intangible Investment 36
9. What’s Different about Intangible Investment? The Four S’s of Intangibles 58
10. Part II The Consequences of the Rise of the Intangible Economy
11. Intangibles, Investment, Productivity, and Secular Stagnation 91
12. Intangibles and the Rise of Inequality 118
13. Infrastructure for Intangibles, and Intangible Infrastructure 144
14. The Challenge of Financing an Intangible Economy 158
15. Competing, Managing, and Investing in the Intangible Economy 182
16. Public Policy in an Intangible Economy: Five Hard Questions 208
17. Summary, Conclusion, and the Way Ahead 239
18. Notes 243
19. References 253
20. Index 267