A new story of how economic prosperity is created—and how we can create it for everyone.
Written by Oxford economist, Eric Beinhocker, and one of America’s most successful technology entrepreneurs, Nick Hanauer, Markets Built for Humans, introduces a new economic framework for understanding and addressing the challenges of the 21st century. Drawing on cutting-edge research from economists, political scientists, and practitioners around the world, this booklet dismantles the flawed assumptions at the heart of policymaking orthodoxy and shows how we can build an economy that serves people, the planet, and our democracy.
A clear, indispensable guide to the new economics—for policymakers, political strategists, business leaders, journalists, and everyone concerned for our future.
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“The world desperately needs and alternative to both the neoliberal paradigm of the past and the populist authoritarianism represented by Donald Trump in the present. This is essential work for both our economy and democracy.”
— Eric Beinhocker & Nick Hanauer, Markets Built for Humans
The shift
From the old story to the new one
The Authors
Between them, four decades of work at the intersection of economics, science, policy, and business – plus a global network of collaborators who have co-developed this work.
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Eric Beinhocker
Eric Beinhocker is a professor at the University of Oxford’s Blavatnik School of Government, and the founder and executive director of the Institute for New Economic Thinking at the Oxford Martin School (INET Oxford), a research center dedicated to applying innovative economics to major societal challenges. He is also the Chairman of the Science Board and an External Professor at the Santa Fe Institute. Prior to his academic career, Beinhocker spent three decades as a technology entrepreneur, venture capitalist, and consultant to Fortune 500 companies. His writing has appeared in the Wall Street Journal, Financial Times, Guardian, The Times, Bloomberg, Democracy, and The Atlantic. He is the author of The Origin of Wealth: The Radical Remaking of Economics and What it Means for Business and Society.
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Nick Hanauer
Nick Hanauer is a Seattle-based entrepreneur, venture capitalist, and civic leader dedicated to building a more inclusive and sustainable economy. He is the founder of Civic Ventures, a public policy incubator, and co-host of the podcast Pitchfork Economics. Over his career, Hanauer has founded or financed more than thirty companies across technology, manufacturing, and retail, creating tens of billions of dollars in market value. A leading voice for “middle-out” economics, his commentary has appeared in The Atlantic, Politico, Bloomberg, and The New York Times. He is the author of The Gardens of Democracy and The True Patriot, and a frequent advocate for policies that put working people at the center of economic growth.
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