The theory of modern statecraft presented here involves a combination of knowing w
hat and knowing how. It has the potential to be generally applicable in any advanced democracy with the ambition to improve its economy and society. This book is of interest for anyone who is concerned about budget deficits, slow growth, over regulation, lack of structural reforms and the rise of populism. It will appeal to scholars of political science, public policy and political economy.Nils Karlson is Founding President and CEO of the Ratio Institute in Stockholm and Associate Professor at Uppsala University, Sweden.