Daron Acemoglu on Innovation and Shared Prosperity

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4.7 • 4.3K Ratings

🗓️ 31 July 2023

⏱️ 66 minutes

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Summary

Economist and author Daron Acemoglu of MIT discusses his book Power and Progress with EconTalk host Russ Roberts. Acemoglu argues that the productivity and prosperity that results from innovation is not always shared widely across the population. He makes the case for the importance of regulating new technologies to ensure that the benefits of innovation are distributed equitably.

Transcript

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0:00.0	Welcome to Econ Talk, Conversations for the Curious, part of the Library of Economics
0:07.0	and Liberty.
0:08.0	I'm your host, Russ Roberts of Shalem College in Jerusalem and Stanford University's Hoover
0:13.0	Institution.
0:14.0	Go to econtalk.org where you can subscribe, comment on this episode, and find links down
0:18.6	the information related to today's conversation.
0:21.4	You'll also find our archives, but every episode we've done going back to 2006.
0:26.8	Our email address is mail at econtalk.org.
0:29.8	We'd love to hear from you.
0:37.8	Today is June 20th, 2023.
0:39.6	My guest is author and economist Darona Samoglu of MIT.
0:44.2	This is Darona's sixth appearance on econtalk.
0:47.2	Last year in September of 2019, talking about shared prosperity and good jobs.
0:52.1	Our topic today is technology.
0:54.5	We'll be referring to his new book with Simon Johnson Power and Progress, Our Thousand
0:59.0	Your Struggle with Technology and Prosperity, along with some other work that Darona's
1:03.8	done on Twitter.
1:04.8	Darona, welcome back to econtalk.
1:06.8	Thank you, Russ.
1:07.8	It's a true pleasure to be here with you.
1:10.5	Now, unlike many economists, you and Simon Johnson have come out more worried about technology
1:17.0	I think than in the usual mainstream.
	...

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