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Jonathan Haskel and Stian Westlake, Restarting the Future: How to Fix the Intangible Economy. Princeton: Princeton University Press, 2022. Xii + 303 pages. 27.95 USD (hardback)

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Notes

  1. These points on intangibility, the ability to borrow against collateral, and monetary policy appear to be original to this chapter except for a speech by Haskel presented at the Bank of England (Haskel, 2020).

  2. Additionally, it is worth noting that these non-neutralities would be present, even if it is the case that modern financial institutions drastically reduce the magnitude of conventional Cantillon Effects, as argued by Sumner (2012).

  3. However, this kind of reasoning is similar to that given by Sumner (2012) and poses problems for the importance of conventional Cantillon Effects.

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Correspondence to Ryan H. Murphy.

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Murphy, R. Jonathan Haskel and Stian Westlake, Restarting the Future: How to Fix the Intangible Economy. Princeton: Princeton University Press, 2022. Xii + 303 pages. 27.95 USD (hardback). Rev Austrian Econ (2023). https://doi.org/10.1007/s11138-023-00614-2

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  • DOI: https://doi.org/10.1007/s11138-023-00614-2

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