Daron Acemoglu on Shared Prosperity and Good Jobs

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4.7 • 4.3K Ratings

🗓️ 9 September 2019

⏱️ 67 minutes

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Summary

Economist and author Daron Acemoglu of MIT discusses with EconTalk host Russ Roberts the challenge of shared prosperity and the policies that could bring about a more inclusive economy. Acemoglu argues for the importance of good jobs over redistribution and makes the case for the policies that could lead to jobs and opportunities across skill levels.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:08.0	I'm your host, Russ Roberts, of Stanford University's Hoover Institution.
0:12.6	Our website is econtalk.org, where you can subscribe, comment on this podcast, and find
0:17.6	links and other information related to today's conversation.
0:20.5	We'll also find our archives where you can listen to every episode we've ever done going
0:24.8	back to 2006.
0:27.0	Our email address is mailadycontalk.org.
0:29.6	We'd love to hear from you.
0:31.4	Today is July 30, 2019.
0:35.4	My guest is Jerome, a Samoaglu of MIT.
0:39.0	This is his fifth appearance on e-contalk.
0:41.7	He was last here in November of 2014, talking about inequality, institutions, and picket.
0:48.1	Today we're talking about a recent monograph he did for a group called Economics for Inclusive
0:52.1	Prosperity.
0:53.6	This piece is entitled It's Good Jobs, Stupid, to our own Welcome Back to E-Contalk.
0:59.1	Great to be here, Russ.
1:00.7	Thanks for having me again.
1:02.0	I want to start with a more basic idea.
1:04.4	We'll get to good jobs in a minute, but I want to talk about what the idea of shared prosperity
1:09.7	means to you, which is a phrase you use in number of places in the essay.
1:13.9	Yeah, I think it has two components really.
1:18.0	I don't think that there is a level of inequality that you can say it's broadly agreed that you
	...

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