Center For International Development

Originally recorded on Friday, September 17, 2021 for the CID Speaker Series, featuring ​Philippe Aghion, Professor at the College de France, at INSEAD, and at the London School of Economics. Aghion continued the conversation with our CID Student Ambassador Ana Alvarez after an appearance at the virtual CID Speaker Series event where they shared insights from his research and book, The Power of Creative Destruction. Creative destruction is the process whereby new innovations displace old technologies. This talk will use the lens of creative destruction and of the so-called Schumpeterian growth paradigm to: (i) address some main enigma in the history of economic growth; (ii) question common wisdoms on growth policy design; (iii) rethink the future of capitalism, and how to direct the power of creative destruction to achieve sustained, greener, and more inclusive prosperity. Philippe Aghion is a Professor at the College de France, at INSEAD, and at the London School of Economics, and a fellow of the Econometr