MIT’s superstar Daron Acemoglu is producing children and new ideas.Â Â As he thinks ahead about his grandchildren’s future quailty of life, he hasÂ released this “big think” NBER Working Paper.Â Â Â He returns to some of the big themes of his recent book; “Why Nations Fail” .Â The abstract of his paper highlights his ambitious agenda;
“Following on Keynesâ€™s Economic Possibilities for Our Grandchildren, this paper develops conjectures about the world we will leave to our grandchildren. It starts by outlining the 10 most important trends that have defined our economic, social, and political lives over the last 100 years. It then provides a framework for interpreting these trends, emphasizing the role of the expansion of political and civil rights and institutional changes in this process. It then uses this framework for extrapolating these 10 trends into the next 100 years.”
Have we discovered the new Hari Seldon?