The World Our Grandchildren Will Inherit: The Rights Revolution and Beyond

32 Pages Posted: 9 Apr 2012

See all articles by Daron Acemoglu

Daron Acemoglu

Massachusetts Institute of Technology (MIT) - Department of Economics; Centre for Economic Policy Research (CEPR); National Bureau of Economic Research (NBER)

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Date Written: April 6, 2012

Abstract

Following on Keynes’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.

Keywords: civil rights, economic growth, institutions, political rights, technological change, war

JEL Classification: O10, O30, P16, P17

Suggested Citation

Acemoglu, Daron, The World Our Grandchildren Will Inherit: The Rights Revolution and Beyond (April 6, 2012). MIT Department of Economics Working Paper No. 12-09, Available at SSRN: https://ssrn.com/abstract=2037497 or http://dx.doi.org/10.2139/ssrn.2037497

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