"Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity" by Profs. Daron Acemoglu and Simon Johnson.
"Nothing on the scale [of a 'jobless future'] has happened — but if you look at the inequality implications, it's been massive."
Economist [Prof.] Daron Acemoglu has suggested that employees in companies run by MBA graduates see their wages fall over a five-year period.
"The algorithms that determine what people see tend to favor sensational, inaccurate, and misleading content."
"All cultures... should be viewed as highly adaptable to changing circumstances. Political regimes can rest on many cultural frames."
"Changing managerial attitudes and practices towards rent-sharing have been a factor [in] the decline in the labor share and wage growth."
Would tariffs on natural gas be an effective means of reducing revenue to Russia while limiting disruption to Europe? MIT Sloan Profs. weigh in.
"High inflation and deficit spending carry significant risks, but not trying to save US democracy carries even larger ones."
“Firms appointing business managers ... do not enjoy higher sales, productivity investment, or employment growth following their accession.”
"Western financial sanctions against Russian institutions and oligarchs have not targeted the roots of Russian President Vladimir Putin's regime.
