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Power and Progress by Daron Acemoglu (Hardback)
£25.00
Available
Product Ref. (e.g. ISBN, SKU)
9781399804455
Published:
11 May 2023
Format:
Hardback
Number of pages:
560 pages
Dimensions:
238x166x52mm
Weight:
0.854kgs
Author:
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.
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.
About the Author: SIMON JOHNSON is the Ronald A. Kurtz Professor of Entrepreneurship in the Sloan School at MIT, where he is also head of the Global Economics and Management group. Previously chief economist at the International Monetary Fund, he has worked on global economic crises and recoveries for thirty years. Johnson has published more than 300 high-impact pieces in leading publications such as the New York Times, Washington Post, Wall Street Journal, Atlantic, and Financial Times. He is the co-author (with Jonathan Gruber) of Jump-Starting America, and (with James Kwak) of White House Burning and the national bestseller 13 Bankers. He works with entrepreneurs, elected officials, and civil society organizations around the world.
| Number of pages | 560 |
|---|
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| EU | £15.00 | £30.00 |
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