Includes bibliographical references and indexes.

Is economic inequality the price we pay for innovation? The amazing technological advances of the last two decades--in such areas as artificial intelligence, genetics, and materials--have benefited society collectively and rewarded innovators handsomely: we get cool smartphones and technology moguls become billionaires. This contributes to a growing wealth gap; in the United States; the wealth controlled by the top 0.1 percent of households equals that of the bottom ninety percent. Is this the inevitable cost of an innovation-driven economy? Economist Joshua Gans and policy maker Andrew Leigh make the case that pursuing innovation does not mean giving up on equality--precisely the opposite. In this book, they outline ways that society can become both more entrepreneurial and more egalitarian.