Arnold Kling and Nick Schulz discuss their book From Poverty to Prosperity.

Arnold Kling received his PhD in economics from MIT in 1980. He is the author of several books, including Crisis of Abundance: Re‐​thinking How We Pay for Health Care, published by the Cato Institute. He writes a monthly column for the Library of Economics and Liberty. Find him online at www​.arnold​kling​.com.

Brink Lindsey is vice president and director of the Open Society Project at the Niskanen Center. He is the author of several books, including Human Capitalism: How Economic Growth Has Made Us Smarter—and More Unequal and The Age Of Abundance: How Prosperity Transformed America’s Politics and Culture.

Featuring the authors, Arnold Kling, Economist and blogger, EconLog; and Nick Schulz, DeWitt Wallace Fellow, American Enterprise Institute, and editor, Amer​i​can​.com; with comments by Zanny Minton‐​Beddoes, Economics editor, The Economist. Moderated by Brink Lindsey, Vice President for Research, Cato Institute. The discipline of economics is not what it used to be. For years, conventional economists told us an incomplete story that leaned on the comfortable precision of mathematical abstraction and ignored the complexity of the real world. What they left out of the story were the positive forces of creativity, innovation, and advanced technology that propel economies forward. They also left out the negative forces that can hold economies back: bad governance, counterproductive social practices, and patterns of taking wealth instead of creating it. From Poverty to Prosperity narrates and explains the revolutionary reorientation of economics in recent decades toward a new focus on understanding the huge differences in the standard of living across time and across borders. Mixing interviews with the world’s most important economists with their own clear and insightful analysis, Arnold Kling and Nick Schulz have produced an illuminating and thought‐​provoking guide to what they call “Economics 2.0.”