Capital Ideas

There’s not one kind of capitalism but four. The differences matter–a lot.

Appeared in: Volume 02, Number 1 | Published on: September 1, 2006
Carl Schramm is president and CEO of the Kauffman Foundation, where Robert E. Litan is vice president for research and policy. This article draws on their forthcoming book with William Baumol, Good Capitalism, Bad Capitalism (Yale University Press, 2007).
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