The Natural Survival of Work: Job Creation and Job Destruction in a Growing Economy
real convergence but how to ensure that it does (p. 388). Newcomers should continue focusing on structural reforms, especially increasing labor market flexibility. In summary, the book is an excellent set of theoretical insights, practical successes and failures of reform policies oriented toward increasing economic growth. The common characteristic of many articles stresses the dangers of market rigidities. Successful economic performance takes place on a micro level, therefore, it is important to create a business environment that will not stifle entrepreneurial incentive. Although often not mentioned in the literature, the government is the key institution in the convergence process. Perhaps the convergence debate could bring together the mainstream and alternative economic theorists.