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Book talk: 'Cogs and Monsters: what economics is and what it should be' with Prof Diane Coyle

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Duration: 0:58:07 | Added: 25 Nov 2021
Diane Coyle and Ian Goldin discuss Diane's new book 'Cogs and Monsters' and how economics can face the challenges of technological change.

Digital technology is disruptive, and it is not sparing economics from that disruption. What are the challenges facing economics and economists in the post-financial crisis, post-pandemic, world as they respond to fundamental structural changes?

Digital technology, big data, big tech, machine learning, and AI are revolutionising both the tools of economics and the phenomena it seeks to measure, understand, and shape.

In this talk Diane Coyle, Author of Cogs and Monsters, and Professor Ian Goldin, Director of the Oxford Martin Programme on Technological and Economic Change, will explore the enormous problems - but also opportunities - facing economics today if it is to respond effectively to these dizzying changes and help policymakers solve the world’s crises, from pandemic recovery and inequality to slow growth and the climate emergency.

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