What do lighthouses, the wheelie suitcase, Harry Potter, and Wikipedia have in common? They showcase the progressive evolution toward investment in the “intangible economy”: one prioritizing knowledge, relationships, design, reputation, and other internal organization over physical assets. On this episode of the Capitalisn’t podcast, hosts Bethany McLean and Luigi Zingales sit down with Imperial College London’s Jonathan Haskel, author of the new book Restarting the Future: How to Fix the Intangible Economy, to discuss the characteristics and consequences of this economy, its value to society, the system of rewards and incentives behind it, and the role for government in regulating it.

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