Simon Johnson (economist)

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ISBN 978-0307379054), along with James Kwak, with whom he has also co-founded and regularly contributes to the economics blog The Baseline Scenario. [15] He is also author of White House Burning: Our National Debt and Why It Matters to You (2013); Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream (2019), with Jonathan Gruber; and Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity (2023), with Daron Acemoglu.

Power and Progress

Johnson, second from left, with friends and family at 2024 Nobel Week Simon Johnson, 2024 Nobel Prize Laureate in Economics with friends and family.jpg
Johnson, second from left, with friends and family at 2024 Nobel Week

Published in 2023, Power and Progress is a book on the historical development of technology and the social and political consequences of technology. [16] The book addresses three questions, on the relationship between new machines and production techniques and wages, on the way in which technology could be harnessed for social goods, and on the reason for the enthusiasm around artificial intelligence (AI).

Power and Progress argues that technologies do not automatically yield social goods, their benefits going to a narrow elite. It offers a rather critical view of artificial intelligence, stressing its largely negative impact on jobs and wages and on democracy.

Acemoglu and Johnson also provide a vision about how new technologies could be harnessed for social good. They see the Progressive Era as offering a model. And they discuss a list of policy proposals for the redirection of technology that includes market incentives, the break up of big tech, tax reform, investing in workers, privacy protection and data ownership, and a digital advertising tax. [17]

See also

References

  1. ↑ U.S. Public Records Index Vol 1 (Provo, UT: Ancestry.com Operations, Inc.), 2010.
  2. 1 2 3 4 5 6 7 8 9 10 11 12 13 https://mitsloan.mit.edu/shared/ods/documents?PersonID=41226&DocID=11324
  3. ↑ "Simon Johnson On Bank Bailout Plan". NPR.org.
  4. ↑ "Simon Johnson". PIIE. March 2, 2016.
  5. ↑ LA Times, November 29, 1991, "Muscovites: Want Shares In Boeing For 44 ½?"
  6. ↑ "Simon Johnson CV". mitsloan.mit.edu. October 14, 2024.
  7. 1 2 3 4 "Simon Johnson's biography at MIT".
  8. ↑ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024". NobelPrize.org. Retrieved October 14, 2024.
  9. ↑ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024". NobelPrize.org. Retrieved October 17, 2024.
  10. ↑ "PPE Alumnus, Simon Johnson, Awarded 2024 Nobel Prize in Economics | DPIR". www.politics.ox.ac.uk. October 16, 2024. Retrieved October 17, 2024.
  11. ↑ "Simon Johnson – Biographical Information". www.imf.org. Retrieved March 8, 2024.
  12. ↑ Johnson, Simon (1989). Inflation, intermediation and economic activity (Ph.D. thesis). Massachusetts Institute of Technology. OCLC   21966942.
  13. ↑ "Agency Review Teams". President-Elect Joe Biden. Retrieved November 10, 2020.
  14. ↑ "Simon Johnson". NBER. Retrieved November 20, 2024.
  15. ↑ "About". September 25, 2008.
  16. ↑ Daron Acemoglu and Simon Johnson, Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity. New York: PublicAffairs, 2023.
  17. ↑ Daron Acemoglu and Simon Johnson, Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity. New York: PublicAffairs, 2023, Ch. 11.

Further reading

Simon Johnson
Simon Johnson, 2024 Nobel Prize Laureate in Economics 4 (cropped).jpg
Johnson in 2024
Chief Economist of the International Monetary Fund
In office
March 2007 –August 31, 2008
Diplomatic posts
Preceded by Chief Economist of the International Monetary Fund
2007–2008		Succeeded by
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