Power and progress
our thousand-year struggle over technology and prosperity
Book - 2023
"Two bestselling authors overturn conventional wisdom about how economies work, revealing the untold story of who wins and who loses the rewards of prosperity, in a work that fundamentally transforms how we look at and understand the world"--
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| Barcode | Status | Material Type | CallNumber | Availability |
|---|---|---|---|---|
| 37413320663190 | Available | Non-fiction | 303.483 ACEMOGL | Place a Hold |
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
New York :
PublicAffairs,
2023.
|
| Edition: | First edition. |
| Subjects: |
MARC
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| 100 | 1 | |a Acemoglu, Daron, |e author. | |
| 245 | 1 | 0 | |a Power and progress : |b our thousand-year struggle over technology and prosperity / |c Daron Acemoglu and Simon Johnson. |
| 250 | |a First edition. | ||
| 264 | 1 | |a New York : |b PublicAffairs, |c 2023. | |
| 264 | 4 | |c Ã2023 | |
| 300 | |a vii, 546 pages, 16 unnumbered pages of plates : |b illustrations ; |c 25 cm | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a unmediated |b n |2 rdamedia | ||
| 338 | |a volume |b nc |2 rdacarrier | ||
| 504 | |a Includes bibliographical references (pages 475-516) and index. | ||
| 520 | |a "Two bestselling authors overturn conventional wisdom about how economies work, revealing the untold story of who wins and who loses the rewards of prosperity, in a work that fundamentally transforms how we look at and understand the world"-- |c Provided by publisher. | ||
| 520 | |a Artificial intelligence and other innovative technologies won't guarantee a rising standard of living for workers, according to this lucid manifesto. MIT economists Acemoglu and Johnson explore historical instances of new technology failing to pay off for workers: improved agricultural practices and equipment in medieval Europe conferred few benefits on peasants while lords and churchmen expropriated the increased output; the first century of the Industrial Revolution brought no income gain to laborers; recent advances in digital technology have yielded stagnant working-class wages while tech moguls make fortunes. But another path of broadly shared prosperity is possible, the authors contend, citing the post-WWII era when strong unions, government regulations, and relatively enlightened corporate management ensured that workplace automation, rather than de-skilling and discarding workers, improved their marginal productivity and wages and created plenty of higher-skilled jobs. Acemoglu and Johnson give an incisive analysis of the economics of labor and technology, along with a trenchant critique of the "techno-optimism" of corporate visionaries, though their own ideas about what a truly worker-friendly artificial intelligence might look like remain hazy. Still, this is a stimulating call for social and political action to ensure the rising tide of innovation lifts all boats. | ||
| 505 | 0 | |a Prologue: What is progress? -- Control over technology -- Canal vision -- Power to persuade -- Cultivating misery -- A middling sort of revolution -- Casualties of progress -- The contested path -- Digital damage -- Artificial struggle -- Democracy breaks -- Redirecting technology. | |
| 650 | 0 | |a Technology |x Social aspects. | |
| 650 | 0 | |a Technology |x Economic aspects. | |
| 650 | 0 | |a Progress. | |
| 700 | 1 | |a Johnson, Simon, |d 1963- |e author. | |
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