SIMON JOHNSON

In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country's gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes. Updated, with new analysis of the government's recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.

Révolution agricole ou industrielle, intelligence artificielle, ordinateur quantique... autant de promesses dune prospérité qui devrait naturellement ruisseler. La réalité est tout autre : la technologie est façonnee et confisquee par des elites qui assurent le maintien de lordre etabli, de leur domination intellectuelle et de leur pouvoir politique. Pour le commun des mortels, le progres nest quun mirage, ou un vaste enfumage .Dans cet essai aussi engage que documente, les economistes Daron Acemoglu et Simon Johnson demontent point par point la logique des grappes dinnovation chere a Schumpeter et la theorie neoliberale du ruissellement. Au terme de ce passionnant voyage a travers mille ans dinventions peuples de visionnaires (Ferdinand de Lesseps, Thomas Edison, Elon Musk...), vous ne pourrez plus dire que vous ne saviez pas, retranche derriere votre iPhone.Apres la parenthese des Trente Glorieuses, les 40 dernieres annees nont fait que creuser des inegalites deja criantes a coups de plateformisation, de delocalisation et de sape systematique des contre-pouvoirs. Les auteurs montrent quil est possible de rebattre les cartes, avec un peu de volonte politique et un minimum dorganisation de la societe civile. Le combat est loin detre perdu. Encore faut-il etre conscient du danger et lutter contre une vision du progres qui divise, isole et precarise jusqua ce que mort (sociale) sensuive.Un manifeste constructif pour une croissance partagee qui concilie progres, confort et reconnaissance de la valeur de chacun.

WINNERS OF THE 2024 NOBEL PRIZE FOR ECONOMICS LONGLISTED FOR THE BAILLIE GIFFORD PRIZE LONGLISTED FOR THE FINANCIAL TIMES AND SCHRODERS BUSINESS BOOK OF THE YEAR SHORTLISTED FOR THE LIONEL GELBER PRIZE A FINANCIAL TIMES TECHNOLOGY BOOK OF THE YEAR UPDATED WITH A NEW PREFACE The blueprint we need for the challenges ahead Shoshana Zuboff If you are not already an addict of Daron Acemoglu and Simon Johnson s previous books, Power and Progress is guaranteed to make you one Jared Diamond A breathtaking tour of the history and future of technology Abhijit Banerjee and Esther Duflo A bold new interpretation of why technology benefits the elites - and how we must reshape the path of innovation to create true shared prosperity. A thousand years of history make one thing clear progress is not automatic but depends on the choices we make. Much of the wealth generated by agricultural advances during the Middle Ages was captured by the Church while the peasants starved. The first hundred years of industrialization delivered stagnant incomes for workers, while making a few people rich. Throughout the world today, digital technologies and artificial intelligence increase inequality and undermine democracy. It doesn t have to be this way. Power and Progress demonstrates that the path of technology was once - and can again be - brought under control. With their breakthrough economic theory and manifesto for a better society, Acemoglu and Johnson provide the vision to reshape how we innovate so we can create real prosperity for all. Daron Acemoglu and Simon Johnson were awarded the Nobel Prize in Economic Sciences on 14 October 2024.

WINNERS OF THE 2024 NOBEL PRIZE FOR ECONOMICSLONGLISTED FOR THE BAILLIE GIFFORD PRIZELONGLISTED FOR THE FINANCIAL TIMES AND SCHRODERS BUSINESS BOOK OF THE YEARSHORTLISTED FOR THE LIONEL GELBER PRIZEA FINANCIAL TIMES TECHNOLOGY BOOK OF THE YEARUPDATED WITH A NEW PREFACEThe blueprint we need for the challenges ahead Shoshana ZuboffIf you are not already an addict of Daron Acemoglu and Simon Johnsons previous books, Power and Progress is guaranteed to make you one Jared DiamondA breathtaking tour of the history and future of technology Abhijit Banerjee and Esther DufloA bold new interpretation of why technology benefits the elites - and how we must reshape the path of innovation to create true shared prosperity. A thousand years of history make one thing clear: progress is not automatic but depends on the choices we make. Much of the wealth generated by agricultural advances during the Middle Ages was captured by the Church while the peasants starved. The first hundred years of industrialization delivered stagnant incomes for workers, while making a few people rich. Throughout the world today, digital technologies and artificial intelligence increase inequality and undermine democracy. It doesnt have to be this way. Power and Progress demonstrates that the path of technology was once - and can again be - brought under control. With their breakthrough economic theory and manifesto for a better society, Acemoglu and Johnson provide the vision to reshape how we innovate so we can create real prosperity for all.Daron Acemoglu and Simon Johnson were awarded the Nobel Prize in Economic Sciences on 14 October 2024.

In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the countrys gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes. Updated, with additional analysis of the governments recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.

Los prestigiosos economistas Daron Acemoglu y Simon Johnson demuestran que el desarrollo técnico es indispensable para el avance de la democraciaEl progreso no es un destino predeterminado, sino que depende de las elecciones que hagamos sobre la tecnologia. Esta reflexion resulta muy pertinente en un mundo donde los avances digitales y la robotica amenazan a nuestros empleos y a nuestras democracias a traves de la automatizacion excesiva, la recopilacion masiva de datos y la vigilancia intrusiva.Los prestigiosos economistas Daron Acemoglu y Simon Johnson emprenden en este libro un impresionante recorrido por la historia y el futuro de la tecnologia, desde la revolucion agricola del Neolitico al ascenso de la inteligencia artificial. Concluyen que el ser humano siempre puede permanecer en el asiento del conductor del desarrollo tecnologico, y decidir si sirve a los intereses de una elite o al bien comun.Poder y progreso ofrece una nueva interpretacion de la economia politica de la innovacion y desafia el derrotismo de quienes asumen que el desarrollo tecnico trae inevitablemente una concentracion del poder y la riqueza. Acemoglu y Johnson demuestran que estos avances pueden convertirse en una herramienta de empoderamiento y democratizacion.Este libro es un recordatorio esencial de que podemos y debemos recuperar el control de la tecnologia y redirigir la innovacion para que vuelva a beneficiar a la mayoria.

The untold story of how America once created the most successful economy the world has ever seenand how we can do it again. The American economy glitters on the outside, but the reality is quite different. Job opportunities and economic growth are increasingly concentrated in a few crowded coastal enclaves. Corporations and investors are disproportionately developing technologies that benefit the wealthiest Americans in the most prosperous areas -- and destroying middle class jobs elsewhere. To turn this tide, we must look to a brilliant and all-but-forgotten American success story and embark on a plan that will create the industries of the future -- and the jobs that go with them. Beginning in 1940, massive public investment generated breakthroughs in science and technology that first helped win WWII and then created the most successful economy the world has ever seen. Private enterprise then built on these breakthroughs to create new industries -- such as radar, jet engines, digital computers, mobile telecommunications, life-saving medicines, and the internet-- that became the catalyst for broader economic growth that generated millions of good jobs. We lifted almost all boats, not just the yachts. Jonathan Gruber and Simon Johnson tell the story of this first American growth engine and provide the blueprint for a second. Its a visionary, pragmatic, sure-to-be controversial plan that will lead to job growth and a new American economy in places now left behind.

Los prestigiosos economistas Daron Acemoglu y Simon Johnson demuestran que el desarrollo técnico es indispensable para el avance de la democraciaEl progreso no es un destino predeterminado, sino que depende de las elecciones que hagamos sobre la tecnologia. Esta reflexion resulta muy pertinente en un mundo donde los avances digitales y la robotica amenazan a nuestros empleos y a nuestras democracias a traves de la automatizacion excesiva, la recopilacion masiva de datos y la vigilancia intrusiva.Los prestigiosos economistas Daron Acemoglu y Simon Johnson emprenden en este libro un impresionante recorrido por la historia y el futuro de la tecnologia, desde la revolucion agricola del Neolitico al ascenso de la inteligencia artificial. Concluyen que el ser humano siempre puede permanecer en el asiento del conductor del desarrollo tecnologico, y decidir si sirve a los intereses de una elite o al bien comun.Poder y progreso ofrece una nueva interpretacion de la economia politica de la innovacion y desafia el derrotismo de quienes asumen que el desarrollo tecnico trae inevitablemente una concentracion del poder y la riqueza. Acemoglu y Johnson demuestran que estos avances pueden convertirse en una herramienta de empoderamiento y democratizacion.Este libro es un recordatorio esencial de que podemos y debemos recuperar el control de la tecnologia y redirigir la innovacion para que vuelva a beneficiar a la mayoria.

America is mired in debtmore than $30,000 for every man, woman, and child. Bitter fighting over deficits, taxes, and spending bedevils Washington, D.C., even as partisan gridlock has brought the government to the brink of default. Yet the more politicians on both sides of the aisle rant and the citizenry fumes, the more things seem to remain the same. In White House Burning, Simon Johnson and James Kwakauthors of the national best seller 13 Bankers and cofounders of The Baseline Scenario, a widely cited blog on economics and public policydemystify the national debt, explaining whence it came and, even more important, what it means to you and to future generations. They tell the story of the Founding Fathers divisive struggles over taxes and spending. They chart the rise of the almighty dollar, which makes it easy for the United States to borrow money. They account for the debasement of our political system in the 1980s and 1990s, which produced todays dysfunctional and impotent Congress. And they show how, if we persist on our current course, the national debt will harm ordinary Americans by reducing the number of jobs, lowering living standards, increasing inequality, and forcing a sudden and drastic reduction in the government services we now take for granted. But Johnson and Kwak also provide a clear and compelling vision for how our debt crisis can be solved while strengthening our economy and preserving the essential functions of government. They debunk the myth that such crucial programs as Social Security and Medicare must be slashed to the bone. White House Burning looks squarely at the burgeoning national debt and proposes to defuse its threat to our well-being without forcing struggling middle-class families and the elderly into poverty. Carefully researched and informed by the same compelling storytelling and lucid analysis as 13 Bankers, White House Burning is an invaluable guide to the central political and economic issue of our time. It is certain to provoke vigorous debate.

Los prestigiosos economistas Daron Acemoglu y Simon Johnson demuestran que el desarrollo técnico es indispensable para el avance de la democraciaEl progreso no es un destino predeterminado, sino que depende de las elecciones que hagamos sobre la tecnologia. Esta reflexion resulta muy pertinente en un mundo donde los avances digitales y la robotica amenazan a nuestros empleos y a nuestras democracias a traves de la automatizacion excesiva, la recopilacion masiva de datos y la vigilancia intrusiva.Los prestigiosos economistas Daron Acemoglu y Simon Johnson emprenden en este libro un impresionante recorrido por la historia y el futuro de la tecnologia, desde la revolucion agricola del Neolitico al ascenso de la inteligencia artificial. Concluyen que el ser humano siempre puede permanecer en el asiento del conductor del desarrollo tecnologico, y decidir si sirve a los intereses de una elite o al bien comun.Poder y progreso ofrece una nueva interpretacion de la economia politica de la innovacion y desafia el derrotismo de quienes asumen que el desarrollo tecnico trae inevitablemente una concentracion del poder y la riqueza. Acemoglu y Johnson demuestran que estos avances pueden convertirse en una herramienta de empoderamiento y democratizacion.Este libro es un recordatorio esencial de que podemos y debemos recuperar el control de la tecnologia y redirigir la innovacion para que vuelva a beneficiar a la mayoria.