People I (Mostly) Admire cover image

124. Daron Acemoglu on Economics, Politics, and Power

People I (Mostly) Admire

CHAPTER

The Unequal Gains of Technological Advancements

This chapter explores the impact of technological advancements on wealth distribution, as discussed in a recently co-authored book. It highlights the historical example of the cotton gin to illustrate how innovation can benefit the elite while marginalizing vulnerable populations.

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