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Innovation + Equality (Paperback)
Loot Price: R355
Discovery Miles 3 550
You Save: R126
(26%)
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Innovation + Equality (Paperback)
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List price R481
Loot Price R355
Discovery Miles 3 550
You Save R126 (26%)
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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--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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