Stian Westlake on the rise of the intangible economy

What is an “intangible asset,” and why are we investing so much in them? How are these so-called intangibles reshaping our economy, as well as our fundamental approach to economic concerns? Joining me today to answer these questions is Stian Westlake, the co-author of Capitalism without Capital: The Rise of the Intangible Economy. Stian is also the co-author of an important economic plan for the UK, entitled Reviving Economic Thinking on the Right, which we discuss as well. Stian is a Senior Fellow at the UK’s national foundation for innovation, Nesta. He was also a policy adviser to the UK Minister of Science, Research, and Innovation. An Oxford and Harvard graduate, he is also the founder of Healthy Incentives, an enterprise focusing on healthcare initiatives. Additionally, you can check out the full transcript of our conversation here, or read a shortened version here.