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The Coming Prosperity: How Entrepreneurs Are Transforming the Global Economy

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Ours is the most dynamic era in human history. The benefits of four centuries of technological and organizational change are at last reaching a previously excluded global majority. This transformation will create large-scale opportunities in richer countries like the United States just as it has in poorer countries now in the ascent.

In The Coming Prosperity , Philip E. Auerswald argues that it is time to overcome the outdated narratives of fear that dominate public discourse and to grasp the powerful momentum of progress. Acknowledging the gravity of today's greatest global challenges--like climate change, water scarcity, and rapid urbanization--Auerswald emphasizes that the choices we make today will determine the extent and reach of the coming prosperity. To make the most of this epochal transition, he writes, the key is entrepreneurship. Entrepreneurs introduce new products and services, expand the range of global knowledge networks, and, most importantly, challenge established business interests, maintaining the vitality of mature capitalist economies and enhancing the viability of emerging ones. Auerswald frames narratives of inspiring entrepreneurs within the sweep of human history. The book's deft analysis of economic trends is enlivened by stories of entrepreneurs making an outsize difference in their
communities and the world--people like Karim Khoja, who led the creation of the first mobile phone company in Afghanistan; Leila Janah, who is bringing digital-age opportunity to talented people trapped in refugee camps; and Victoria Hale, whose non-profit pharmaceutical company turned an orphan drug into a cure for black fever.

Engagingly written and bracingly realistic about the prospects of our historical moment, The Coming Prosperity disarms the current narratives of fear and brings to light the vast new opportunities in the expanding global economy.

280 pages, Hardcover

First published March 1, 2012

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Philip Auerswald

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Author 28 books102 followers
July 17, 2012
When I read Friedman and Mandlebaum's "That Used to be Us", I was a bit skeptical about their ultimately optimistic conclusions. With so many problems facing us, how are we going to survive--much less thrive?

It is here that "The Coming Prosperity" delivers. Yes, we have formidable challenges facing us. But the tools we have to conquer them have never been greater--and more readily available. The author has the rare ability to make you laugh about ants and Marxism, about chaos and order.

Don't get me wrong. I still have my doubts. But many of my concerns are allayed after reading this book. I learned a great deal in the process. This isn't your normal economics' book.
737 reviews16 followers
September 29, 2012
If you want to get outside of the political bubble and understand how the economy will recover, read this book. It illuminates our current historical moment and shines a light on the future we can have. Auerswald created a rich book filled with insights that underpin a desperately needed 'reset' in our politics, institutions, economy, society and YOU>
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