On Tuesday 17 September 2024, Mordecai Kurz will give a lecture at Paris School of Economics on the relationship between inequality and technological change. This event is co-hosted by the Stone Center, the World Inequality Lab, and the EU Tax Observatory.
PROGRAMME
- 14:00 Welcome by Gabriel Zucman, Director of PSE Stone Center and EU Tax Observatory
- 14:00-14:40 – Lecture by Mordecai Kurz
- 14:40-14:50 – Comment by Thomas Piketty, Co-director of World Inequality Lab
- 14:50-15:00 – Q&A with the audience
OVERVIEW
The lecture will be based on Mordecai Kurz’s latest book The Market Power of Technology: Understanding the Second Gilded Age (Columbia University Press, 2023), where he argues that since the 1980s, the United States has regressed to levels of economic inequality not seen since the Gilded Age of the late nineteenth century. Kurz provides a pioneering analysis that quantifies technological market power and its impacts on inequality, innovation, and economic growth. The book also offers detailed proposals to address these inequalities, including restricting corporate mergers and acquisitions, reforming patent law, balancing power in the labor market, increasing taxation, promoting upward mobility, and stabilizing the middle class.
ABOUT THE AUTHOR
Mordecai Kurz is Professor Emeritus of Economics at Stanford University. His previous books include Public Investment, the Rate of Return, and Optimal Fiscal Policy (with Kenneth J. Arrow, 1970) and Endogenous Economic Fluctuations: Studies in the Theory of Rational Beliefs (1997), and he has published widely across many fields of economic theory.
READ MORE
- “How Capitalism Became a Threat to Democracy”, Project Syndicate, March 15, 2024
- “Market Power Is Permanent, and Technological Competition Does Not Remove It”, Project Syndicate, December 1, 2023
PRACTICAL INFORMATION
📅 Tuesday 17 September 2024, 14:00 – 15:00 (doors open 13:40)
📍 R2-21 (2nd floor), Paris School of Economics, 48 Boulevard Jourdan, Paris 14e (in person, no livestream)
🎙 The conference will be held in English
CONTACT
Alice Fauvel, WIL Communications Manager: alice.fauvel@psemail.eu