Good Economics for Hard Times: Better Answers to Our Biggest Problems
- Book
- Nov 12, 2019
- #Economics
Book

Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it.<br /><br />Immigration and...
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ASIN: B07PCQLKSS
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Banerjee and Duflo won the Nobel Memorial Prize in Economic Sciences last year, and they’re two of the smartest economists working today. Fortunately for us, they’re also very good at making economics accessible to the average person. Their newest book takes on inequality and poli...
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Banerjee and Duflo won the Nobel Memorial Prize in Economic Sciences last year, and they’re two of the smartest economists working today. Fortunately for us, they’re also very good at making economics accessible to the average person. Their newest book takes on inequality and political divisions by focusing on policy debates that are at the forefront in wealthy countries like the United States.
Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it.<br /><br />Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable.<br /><br />In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, <i>Good Economics for Hard Times</i> makes a persuasive case for an intelligent interventionism and a society built on compassion and respect and show how economics, when done right, can help us solve the thorniest social and political problems of the day. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.