Date(s) - 04/24/19
5:30 pm - 6:30 pm
Chicago Council on Global Affairs
America’s post-war history offers a blueprint for a more equitable economic future, argue MIT economists Jonathan Gruber and Simon Johnson. Starting in 1940, unprecedented public investment allowed for breakthroughs in science and technology. Advancements such as radar, digital computers, jet engines, and eventually the internet enabled America to achieve economic supremacy, and were themselves catalysts for even greater economic growth, lifting the outlook for all Americans. Yet in recent decades innovation has tended to reinforce inequality and concentrate wealth in a few coastal enclaves. How can America recreate an economy where the benefits of growth are shared more widely? And will technology help or hinder this process?
Jonathan Gruber is the Ford Professor of Economics at the Massachusetts Institute of Technology. He is also director of the Health Care Program at the National Bureau of Economic Research and president of the American Society of Health Economists. He has published more than 160 research articles, has edited six research volumes, and is the author of multiple books, including Public Finance and Public Policy and a graphic novel. Gruber holds a BS from MIT and a PhD from Harvard University.
Simon Johnson is the Kurtz Professor of Entrepreneurship at the Massachusetts Institute of Technology, where he is head of the Global Economics and Management group, a member of the Executive Personnel Committee, and chair of the Sloan Fellows MBA Program Committee. Gruber cofounded and currently leads the Global Entrepreneurship Lab course which works with start-up companies around the world. He is also a senior fellow at the Peterson Institute for International Economics. Johnson holds a BA from the University of Oxford, an MA from the University of Manchester, and a PhD from MIT.