The Coming Prosperity by Philip Auerswald
How Entrepreneurs Are Transforming the Global Economy

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Ours is the most dynamic era in human history. The benefits of four centuries of technological and organizational change are at last reaching a previously excluded global majority. This transformation will create large-scale opportunities in richer countries like the United States just as it has in poorer countries now in the ascent.
In The Coming Prosperity, Philip E. Auerswald argues that it is time to overcome the outdated narratives of fear that dominate public discourse and to grasp the powerful momentum of progress. Acknowledging the gravity of today's greatest global challenges--like climate change, water scarcity, and rapid urbanization--Auerswald emphasizes that the choices we make today will determine the extent and reach of the coming prosperity. To make the most of this epochal transition, he writes, the key is entrepreneurship. Entrepreneurs introduce new products and services, expand the range of global knowledge networks, and, most importantly, challenge established business interests, maintaining the vitality of mature capitalist economies and enhancing the viability of emerging ones. Auerswald frames narratives of inspiring entrepreneurs within the sweep of human history. The book's deft analysis of economic trends is enlivened by stories of entrepreneurs making an outsize difference in their communities and the world--people like Karim Khoja, who led the creation of the first mobile phone company in Afghanistan; Leila Janah, who is bringing digital-age opportunity to talented people trapped in refugee camps; and Victoria Hale, whose non-profit pharmaceutical company turned an orphan drug into a cure for black fever.
Engagingly written and bracingly realistic about the prospects of our historical moment, The Coming Prosperity disarms the current narratives of fear and brings to light the vast new opportunities in the expanding global economy.

About Philip Auerswald

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Philip Auerswald is an Associate Professor of Public Policy at George Mason University and a Senior Fellow at the Kauffman Foundation. He is also the Co-founder and Co-editor of Innovations, a quarterly journal about entrepreneurial solutions to global challenges.
Published March 1, 2012 by Oxford University Press, USA. 280 pages
Genres: Business & Economics. Non-fiction

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Publishers Weekly

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George Mason University public policy professor Auerswald brings with him a message of hope and prosperity about global economic growth, with a wealth of historical data, facts, and anecdotes to support it.

Mar 05 2012 | Read Full Review of The Coming Prosperity: How En...

London School of Economics

Had Auerswald not realised the dire and complex state of global problems – ranging from sluggish economies, climate change, and terrorism – could never be solved by fringe societal actors such as entrepreneurs?

Oct 31 2012 | Read Full Review of The Coming Prosperity: How En...

Stanford Social Innovation Review

If bright and innovative minds are still completely captured by technological fixes to social problems, we have much further to go in solving those problems than I believed.

| Read Full Review of The Coming Prosperity: How En...

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