A thousand years of history and contemporary evidence make one thing clear: progress 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. Power and Progress demonstrates the path of technology was once—and may again—be brought under control. Cutting-edge technological advances can become empowering and democratizing tools, but not if all major decisions remain in the hands of a few hubristic tech leaders. With their bold reinterpretation of economics and history, Daron Acemoglu and Simon Johnson fundamentally change how we see the world, providing the vision needed to redirect innovation so it again benefits most people.
Daron Acemoglu is Institute Professor of Economics at MIT, the university’s highest faculty honor. For the last twenty-five years, he has been researching the historical origins of prosperity, poverty, and the effects of new technologies on economic growth, employment, and inequality. Acemoglu is the recipient of several awards and honors, 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 author (with James Robinson) of The Narrow Corridor and the New York Times bestseller Why Nations Fail.
Discussant: Atif Mian, John H. Laporte, Jr. Class of 1967 Professor of Economics, Public Policy and Finance; Director, Julis-Rabinowitz Center for Public Policy & Finance, Princeton University
- Julis Romo Rabinowitz Center for Public Policy & Finance
- Griswold Center for Economic Policy Studies
- School of Public and International Affairs
- Economics Department