Page 2 - Daron Acemoglu News Today

The forecast for minimal growth is a far cry from the likes of Goldman Sachs, which sees $7 trillion of GDP expansion being driven by AI.

In the past two decades, Zimbabwe has changed its currency six times. Each time the currency was rebased or changed, the worst affected people were pensioners.

The rise of anti-science movements pose the greatest economic threats since the industrial revolution, writes a former deputy RBA governor.

South Asia is perhaps the worst place for a capitalist idea, let alone a libertarian one

Questions remain as to whether a population decline necessarily dictates a pessimistic future for a country

David Ricardo, one of the founders of modern economics in the early 1800s, understood that machines are not necessarily good or bad. His insight that whether they destroy or create jobs all depends on how we deploy them, and on who makes those choices, could not be more relevant today. Artificial intelligence and the threat that it poses to good jobs

Kuria’s proposal to convert all public servants to contract workers is not secured in the science of reform.

We still don’t fully know the impact AI will have on our economic structures and jobs, human potential, and our elusive quest for progress, but we can already see that it will drive a technological revolution.

In today’s letters to the editor: capital gains, government spending and productivity; provincial relations; motorcycle season

The Turkish-American researcher dismantles clichés. He argues that capitalism is based on the mistaken idea that human beings need to consume, when what they really need is to participate