Dynamism

de Gylfi Zoega, Hian Teck Hoon, Raicho Bojilov, Edmund S. Phelps

"In Dynamism Nobel Laureate Edmund Phelps, Raicho Bojilov, Hian Teck Hoon, and Gylfi Zoega argue that the high level of innovation in the West was not a result of scientific discoveries plus entrepreneurship. Rather, modern values-particularly the individualism and self-expression prevailing among the people-fueled the dynamism needed for widespread innovation"--