Michael H. Best is professor emeritus of economics at the University of Massachusetts, and has worked on production restructuring projects with the United Nations Industrial Development Organization, the World Bank, and governments in twelve countries. He is the author of The New Competition and The New Competitive Advantage
Winner of the 2018 Schumpeter Prize Competition, International Joseph A. Schumpeter Society A rare breadth of economic analysis. ---Paschal Donohoe, Irish Times Best discerns and deciphers key economic trends at critical junctures in world history, and we should warmly welcome his willingness to sacrifice many of the sacred cows of economics on the altar of greater understanding. ---Michael M. Rosen, Weekly Standard A wonderful analysis of how regions catch up and shape the industrial frontier through the capability triad. ---Rajah Rasiah, Asia Pacific Business Review Best shows that overlooking production in economics has led to a major misunderstanding of how the economy grows in the real world. * Choice *