Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity | Winners of the 2024 Nobel
Language: English
Published by John Murray Press, 2023
- Hardcover
- Used
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- Title
- Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity | Winners of the 2024 Nobel
- Author
- Daron Acemoglu
- Publisher
- John Murray Press
- Publication year
- 2023
- Condition
- Very Good
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1399804456
- ISBN 13
- 9781399804455
WINNERS OF THE 2024 NOBEL PRIZE FOR ECONOMICS
LONGLISTED FOR THE BAILLIE GIFFORD PRIZE
LONGLISTED FOR THE FINANCIAL TIMES AND SCHRODERS BUSINESS BOOK OF THE YEAR
SHORTLISTED FOR THE LIONEL GELBER PRIZE
A FINANCIAL TIMES TECHNOLOGY BOOK OF THE YEAR
'The blueprint we need for the challenges ahead' Shoshana Zuboff
'If you are not already an addict of Daron Acemoglu and Simon Johnson's previous books, Power and Progress is guaranteed to make you one' Jared Diamond
'A breathtaking tour of the history and future of technology' Abhijit Banerjee and Esther Duflo
A bold new interpretation of why technology has all too often benefited elites - and how we must reshape the path of innovation to create true shared prosperity.
A thousand years of history and contemporary evidence make one thing clear. Progress is not automatic but depends on the choices we make about technology. New ways of organizing production and communication can either serve the narrow interests of an elite or become the foundation for widespread prosperity.
Much of the wealth generated by agricultural advances during the European Middle Ages was captured by the Church and used to build grand cathedrals while the peasants starved. The first hundred years of industrialization in England delivered stagnant incomes for workers, while making a few people very rich. And throughout the world today, digital technologies and artificial intelligence increase inequality and undermine democracy through excessive automation, massive data collection, and intrusive surveillance.
It doesn't have to be this way. Power and Progress demonstrates that the path of technology was once - and can again be - brought under control. The tremendous computing advances of the last half century can become empowering and democratizing tools, but not if all major decisions remain in the hands of a few hubristic tech leaders striving to build a society that elevates their own power and prestige.
With their breakthrough economic theory and manifesto for a better society, Acemoglu and Johnson provide the understanding and the vision to reshape how we innovate and who really gains from technological advances so we can create real prosperity for all.
Daron Acemoglu and Simon Johnson were awarded the Nobel Prize in Economic Sciences on 14 October 2024.
"Synopsis" may belong to another edition of this title.
About the Author
DARON ACEMOGLU is Institute Professor of Economics at MIT, researching the historical origins of prosperity, poverty, and the effects of new technologies on economic growth, employment, and inequality. He is the recipient of several awards and honours, including the John Bates Clark Medal, awarded to economists under forty judged to have made the most significant contribution to economic thought and knowledge (2005); the BBVA Frontiers of Knowledge Award in economics, finance, and management for his lifetime contributions (2016), and the Kiel Institute's Global Economy Prize in economics (2019). He is the co-author (with James Robinson) of The Narrow Corridor and the New York Times bestseller Why Nations Fail.
"About the title" may belong to another edition of this title.
Optimon Books
Gravesend, Kent, United Kingdom
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