Innovation + Equality

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  • Innovation + Equality Book Detail

  • Author : Joshua Gans
  • Release Date : 2019-10-29
  • Publisher : MIT Press
  • Genre : Political Science
  • Pages : 187
  • ISBN 13 : 026204322X
  • File Size : 54,54 MB

Innovation + Equality by Joshua Gans PDF Summary

Book Description: How to get more innovation and more equality. Is economic inequality the price we pay for innovation? The amazing technological advances of the last two decades—in such areas as artificial intelligence, genetics, and materials—have benefited society collectively and rewarded innovators handsomely: we get cool smartphones and technology moguls become billionaires. This contributes to a growing wealth gap; in the United States; the wealth controlled by the top 0.1 percent of households equals that of the bottom ninety percent. Is this the inevitable cost of an innovation-driven economy? Economist Joshua Gans and policy maker Andrew Leigh make the case that pursuing innovation does not mean giving up on equality—precisely the opposite. In this book, they outline ways that society can become both more entrepreneurial and more egalitarian. All innovation entails uncertainty; there's no way to predict which new technologies will catch on. Therefore, Gans and Leigh argue, rather than betting on the future of particular professions, we should consider policies that embrace uncertainty and protect people from unfavorable outcomes. To this end, they suggest policies that promote both innovation and equality. If we encourage innovation in the right way, our future can look more like the cheerful techno-utopia of Star Trek than the dark techno-dystopia of The Terminator.

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Innovation + Equality

Innovation + Equality

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How to get more innovation and more equality. Is economic inequality the price we pay for innovation? The amazing technological advances of the last two decades

Innovation and Inequality

Innovation and Inequality

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Offers a theoretical analysis of the important mechanisms by which technical progress and innovation affect the distribution of income. This book shows how the

Innovation and Inequality

Innovation and Inequality

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Karl Marx predicted a world in which technical innovation would increasingly devalue and impoverish workers, but other economists thought the opposite, that it

Entrepreneurship, Innovation and Inequality

Entrepreneurship, Innovation and Inequality

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This book hopes to stimulate discussion about how entrepreneurship and innovation contribute to growing inequalities in territories. This will help bridge the g

Innovation and Inequality

Innovation and Inequality

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Susan Cozzens, Dhanaraj Thakur, and the other co-authors ask how the benefits and costs of emerging technologies are distributed amongst different countries _ s