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476 How
to Redirect Technology to Shared Prosperity? Progress
is not automatic but depends on the choices we make about technology. Acemoglu,
D. & Johnson, S. (2023). Power and progress: Our thousand-year struggle
over technology and prosperity. Basic Books. Sources:https://economics.princeton.edu/wp-content/uploads/2023/03/Markus-Academy-Daron-Acemoglu-June-14-2023.pdf https://www.theguardian.com/books/2023/may/07/power-and-progress-daron-acemoglu-simon-johnson-review-formidable-demolition-of-the-technology-equals-progress-myth In
their book "Power and progress: Our thousand-year struggle over technology
and prosperity," Massachusetts Institute of Technology economists Daron
Acemoglu and Simon Johnson argue that technological advancements do not
necessarily lead to shared prosperity in the past thousand years. They
highlight instances such as agricultural improvements that failed to benefit
farmers, advancements in ship design from the late Middle Ages leading to the
growth of th
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