Industrialised nations were faced with severe economic and political crises long before COVID-19, including surging inequality, stagnant wages, dwindling trust in democratic institutions and the polarisation of politics. The pandemic just deepened the faultlines.
At the root of these problems are changes in the labour market and the rise of automation – including robots and AI – which have been damaging to shared prosperity and productivity growth alike.
Daron Acemoglu is an Institute Professor in the Department of Economics at MIT and one of the world's most-cited economists, as well as the author of several books including Why Nations Fail and The Narrow Corridor (both with James A. Robinson), and Redesigning AI.
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About our speaker
Professor Acemoglu is an Institute Professor at MIT and an elected fellow of the National Academy of Sciences, American Philosophical Society, the British Academy of Sciences, the Turkish Academy of Sciences, the American Academy of Arts and Sciences, the Econometric Society, the European Economic Association, and the Society of Labor Economists. He is also a member of the Group of Thirty. He is the author of five books with his academic work covering a wide range of areas, including political economy, economic development, economic growth, technological change, inequality, labor economics and economics of networks.
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History of the event
Melbourne Business School established the Charles Goode Oration in 2010 to honour one of our founding donor members, Mr Charles Goode AC.
Mr Charles Goode [BCom(Hons) Melb MBA Columbia Hon LLD Melb Hon LLD Monash] is the Chairman of the Ian Potter Foundation, the Australian United Investment Company Ltd, Diversified United Investment Ltd, and Flagstaff Partners. In February 2010 he retired as Chairman of Australia and New Zealand Banking Group; in July 2007 as Chairman of Woodside Petroleum Ltd after serving as a director for 19 years and as Chairman for 8 years. Mr Goode was made a Companion of the Order of Australia in June 2001.
In May 2003 he was a recipient of The Centenary Medal. He has been honoured as a Life Member of the National Gallery of Victoria, a Member of Foodbank Australia’s Hall of Fame, and a Life Member of Philanthropy Australia. He is a Fellow of the Australian Institute of Company Directors and received the A.I.C.D (Victorian Division) Distinguished Fellow Award for 2010 and in 2012 was Alumni of Distinction Lifetime Achievement Award by the Faculty of Business and Economics, University of Melbourne.
The Charles Goode Oration has become a major business and social event at Melbourne Business School, enabling us to attract distinguished leaders to speak at the School.
Previous Charles Goode Orators
2019 Emeritus Professor Martin Daunton, University of Cambridge
2018 Professor Rajesh Chandy, London Business School
2017 Professor Mark Ritson, Melbourne Business School
2016 Ms Karen Stocks, Managing Director, Twitter Australia
2015 Mr Ahmed Fahour AO
2014 Professor Philip Kotler
2013 Mr John Borghetti, Chief Executive Officer, Virgin Australia
2012 Mr Ian Macfarlane AC
2011 Mr Simon McKeon AO
2010 Ms. Jillian Broadbent AC