Book cover of The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations

Book description

Hayek Book Prize Finalist
An Economist Best Book of the Year
A Foreign Affairs Best Book of the Year
A Financial Times Summer Reading Favorite

"Sweeping, authoritative and-for the times-strikingly upbeat...The overall argument is compelling and...it carries a trace of Schumpeterian subversion."
-The Economist

"[An] important book...Lucid, empirically grounded, wide-ranging,…

When you buy books, we may earn a commission that helps keep our lights on (or join the rebellion as a member).

Why read it?

1 author picked The Power of Creative Destruction as one of their favorite books. Why do they recommend it?

Philippe Aghion has been one of the pioneers in the development of “Schumpeterian Growth Theory” to model the process of Creative Destruction” that drives technological innovation and economic growth. This is an accessible presentation of the dynamics of the model and the observable consequences in the real world.  

I have found it essential for teaching my course on Venture Capital and the Economics of Innovation.

If you love The Power of Creative Destruction...

Book cover of December on 5C4

December on 5C4 by Adam Strassberg,

Magical realism meets the magic of Christmas in this mix of Jewish, New Testament, and Santa stories–all reenacted in an urban psychiatric hospital!

On locked ward 5C4, Josh, a patient with many similarities to Jesus, is hospitalized concurrently with Nick, a patient with many similarities to Santa. The two argue…

Want books like The Power of Creative Destruction?

Our community of 13,000+ authors has personally recommended 100 books like The Power of Creative Destruction.

Browse books like The Power of Creative Destruction

Book cover of VC: An American History
Book cover of Making Silicon Valley: Innovation and the Growth of High Tech, 1930-1970
Book cover of Innovation in Real Places: Strategies for Prosperity in an Unforgiving World

Share your top 3 reads of 2026!

And get a beautiful page showing off your 3 favorite reads.

186

readers submitted
so far, will you?

📚 If you like The Power of Creative Destruction, you might also like...

Book cover of Child of Vanris

Child of Vanris by Nikki McCormack,

At five years old, Kasiel was found with the pointed ends of his ears cut off. Despite that brutal start, he’s lived twelve peaceful years with the man who took him in. Keeping his hair long over his mutilated ears helps him hide the fact that he is Vanrian, a…

Book cover of Almost Home

Almost Home by Howard Means,

Almost Home is a fictional retelling of the last great tragedy of the Civil War.

In late April 1865, almost 2,000 newly freed Union prisoners of war are packed onto the steamer Sultana, in poor repair and with a listed capacity of 376 passengers. Among them are four Indiana soldiers…

5 book lists we think you will like!