Speaker: Lawrence H. Summers, Professor & President Emeritus, Harvard University
In this lecture, Professor Summers examines the 50-fold change over the last generation in the relative price of services and goods, such as hospital care and TV sets. These pricing results illustrate the profound changes taking place in modern economies. The character and extent of the changes wrought by information technology will force dramatic changes in the organization of economic life over the next generation -- and these changes will dramatically affect the size of the public sector, levels of inequality, the nature of working life, and the international division of labor.
Sponsored by the Goldman School of Public Policy
http://gspp.berkeley.edu/
http://www.hks.harvard.edu/fs/lsummer/