In 100 Years: Leading Economists Predict the Future

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Ignacio Palacios-Huerta (London School of Economics) Ignacio Palacios-Huerta (London School of Economics)

In 100 Years

Leading Economists Predict the Future

Ignacio Palacios-Huerta (London School of Economics), Ignacio Palacios-Huerta (London School of Economics), Daron Acemoglu (Massachusetts Institute of Technology) , Angus Deaton (Princeton University)

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English

Massachusetts Inst of Tec
21 August 2015

Economics & Business; Econometrics

Series: The MIT Press

In this book, ten prominent economists-including Nobel laureates and several likely laureates-offer their ideas about what the future might hold in 100 years.

This pithy and engaging volume shows that economists may be better equipped to predict the future than science fiction writers. Economists' ideas, based on both theory and practice, reflect their knowledge of the laws of human interactions as well as years of experimentation and reflection. Although perhaps not as screenplay-ready as a work of fiction, these economists' predictions are ready for their close-ups. In this book, ten prominent economists-including Nobel laureates and several likely laureates-offer their ideas about the world of the twenty-second century.

In scenarios that range from the optimistic to the guardedly gloomy, these thinkers consider such topics as the transformation of work and wages, the continuing increase in inequality, the economic rise of China and India, the endlessly repeating cycle of crisis and (projected) recovery, the benefits of technology, the economic consequences of political extremism, and the long-range effects of climate change. For example, 2013 Nobelist Robert Shiller provides an innovative view of future risk management methods using information technology; and Martin Weitzman raises the intriguing but alarming possibility of using geoengineering techniques to mitigate the inevitable effects of climate change.

Contributors

Daron Acemoglu, Angus Deaton, Avinash K. Dixit, Edward L. Glaeser, Andreu Mas-Colell, John E. Roemer, Alvin E. Roth, Robert J. Shiller, Robert M. Solow, Martin L. Weitzman

Contributions by: Ignacio Palacios-Huerta (London School of Economics), Daron Acemoglu (Massachusetts Institute of Technology), Angus Deaton (Princeton University), Avinash K. Dixit (Princeton University)
Edited by: Ignacio Palacios-Huerta (London School of Economics)
Imprint: Massachusetts Inst of Tec
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm, Spine: 16mm
Weight: 318g
ISBN: 9780262528344
ISBN 10: 0262528347
Series: The MIT Press
Pages: 216
Publication Date: 21 August 2015
Recommended Age: From 18 years
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Ignacio Palacios-Huerta is Professor of Management and Strategy at the London School of Economics.