Forecast Direct N0. 29 - The Market Power of Technology

One of the most important questions today is about increasing inequality within the economy and society at large. In this episode, we’re pleased to feature Mordecai Kurz, Joan Kenney Professor of Economics Emeritus at Stanford University, who will discuss his book The Market Power of Technology: Understanding the Second Gilded Age. Professor Kurz moves beyond the simple economic description of an economy comprised of labor and capital to a more complex one that includes technology and monopolization to uncover the important dynamics of inequality and the implications for an increasingly technological economy in the future.