Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity by Daron Acemoglu and Simon Johnson
Argument: the benefits of technological progress accrued to the elites (especially the Catholic church) and not to the masses. When conditions for the English working class did subsequently improve in the second half of the 19th century, it was due to the growing political power of the working class, as well as the growing importance of labor unions.
John C. Goodman is President of the Goodman Institute and Senior Fellow at The Independent Institute. His books include the soon-to-be-published updatedย edition of Priceless: Curing the Healthcare Crisis, the widely acclaimed A Better Choice: Healthcare Solutions for America, and New Way to Care: Social Protections that Put Families First. The Wall Street Journal and National Journal, among other media, have called him the “Father of Health Savings Accounts.โ
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