Simon Johnson: Power and Progress

The Institute for New Economic Thinking at the Oxford Martin School (INET Oxford) produces cutting-edge research aimed at building a fair, sustainable, and prosperous economy.INET Oxford is an interdisciplinary research institute based in the University of Oxford’s Martin School. The Institute is comprised of scholars from across the social and physical sciences who are pioneering new methods to better understand and address urgent real-world challenges such as the climate crisis, inequality, and technological change.Founded in 2012, INET Oxford today is one of the world’s leading centres for innovative economic scholarship, policy development, and the training of students and postdoctoral researchers in new economic methods.

The Institute for New Economic Thinking, Oxford

Bestselling author Simon Johnson will discuss this bold reinterpretation of economics and history that will change how you see the world

Oxford Martin School (University of Oxford)

Simon Johnson, bestselling co-author of 13 Bankers, will be discussing his latest book at our special event. Together with coauthor Daron Acemoglu, they deliver a bold reinterpretation of economics and history that will fundamentally change how you see the world. 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.The wealth generated by technological improvements in agriculture during the European Middle Ages was captured by the nobility and used to build grand cathedrals while peasants remained on the edge of starvation. The first hundred years of industrialization in England delivered stagnant incomes for working people. And throughout the world today, digital technologies and artificial intelligence undermine jobs and 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 may 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.With their breakthrough economic theory and manifesto for a better society, Acemoglu and Johnson provide the vision needed to reshape how we innovate and who really gains from technological advances.About the authorSimon Johnson is the Kurtz Professor of Entrepreneurship at MIT and a former chief economist to the IMF. His much-viewed opinion pieces have appeared in the New York Times, Wall Street Journal, Financial Times, Atlantic, and elsewhere. With law professor James Kwak, Simon is the co-author of the bestsellers 13 Bankers and White House Burning, and a founder of the widely-cited economics blog The Baseline Scenario.Please note that this event will be followed by a drinks reception.


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Simon Johnson: Power and Progress

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Simon Johnson: Power and Progress

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