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Book Synopsis
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, G

Innovation Equality Mit Press How to Create a

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    A Paperback / softback by Joshua Gans

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      Publisher: MIT Press Ltd
      Publication Date: Publication Date: 08/12/2020
      ISBN13: 9780262539562, 978-0262539562
      ISBN10: 026253956X
      Also in:
      Business innovation Social discrimination and social justice

      Description

      Book Synopsis
      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, G

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