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Power and Progress: Our 1000-Year Struggle Over Technology and Prosperity – Daron Acemoglu, Simon Johnson
Non-fiction / 23rd December 2023

Introduction Power and Progress is about the direction of technology development. This book explores the nature of the economic, social, and political choice, the historical and contemporary evidence on the relationship among technology, wages, and inequality, and the ways to direct innovations to work in service of shared prosperity. After reading Poverty, by America, I stumbled upon this book and decided to read it. Author Daron Acemoglu is Institute Professor of Economics at Massachusetts Institute of Technology (MIT). He has received several awards and honours, including the John Bates Clark Medal, the BBVA Frontiers of Knowledge Award in economics, finance and management, and the Kiel’s Institute’s Global Economy Price in economics. Simon Johnson is the Roland A. Kutz Professor of Entrepreneurship in Sloan School at MIT. He was the chief economist at the International Monetary Fund in 2007-2008. He has been a Fannie Mae director since February 2021. Contents Power and Progress has a prologue and 11 chapters. The chapters are 1) Control over Technology 2) Canal Vision 3) Power to Persuade 4) Cultivating Misery 5) A Middling Sort of Revolution 6) Casualties of Progress 7) The Contested Path 8) Digital Damage 9) Artificial Struggle 10) Democracy Breaks 11) Redirecting Technology…