Addressing the issues that are polarising and dividing the globe, Nobel Prize-winning economists Banerjee and Duflo outline a series of measures that can be taken to alleviate poverty and reduce inequality. Proposing inclusive and compassionate economic solutions to the burning questions of the day, Good Economics for Hard Times is a rigorous and intelligent plea for harmony and understanding in a troubled world.
In this revolutionary book, prize-winning economists Abhijit V. Banerjee and Esther Duflo show how economics, when done right, can help us solve the thorniest social and political problems of our day. From immigration to inequality, slowing growth to accelerating climate change, we have the resources to address the challenges we face but we are so often blinded by ideology.
Original, provocative and urgent, Good Economics for Hard Times offers the new
thinking that we need. It builds on cutting-edge research in economics - and years of exploring the most effective solutions to alleviate extreme poverty - to make a persuasive case for an intelligent interventionism and a society built on compassion and respect. A much-needed antidote to polarized discourse, this book shines a light to help us appreciate and understand our precariously balanced world.
Publisher: Penguin Books Ltd
Number of pages: 416
Weight: 648 g
Dimensions: 240 x 162 x 37 mm
A magnificent achievement, and the perfect book for our time. Banerjee and Duflo brilliantly illuminate the largest issues of the day, including immigration, trade, climate change, and inequality.
Banerjee and Duflo are masters of this terrain. They have digested hundreds of lab experiments, field experiments, statistical studies, and common observation to find regularities and irregularities that shape important patterns of economic behavior and need to be taken into account when we think about central issues of policy analysis. They do this with simple logic and plain English. Their book is as stimulating as it gets.
Excellent, important, disarmingly down to earth . . . they seek to shed much-needed light upon the distortions that bad economics bring to public debates while methodically deconstructing their false assumptions. * Observer *
An invigorating ride through 21st-century economics and a treasure trove of facts and findings * The Times *
The real meaning of this book by a Nobel-prizewinning duo of economists lies in its method - a patient attempt to take on tough problems through empirical evidence. ...The pair offer insights into thorny global issues ranging from inequality to corruption, all with refreshing humility. * The Economist *
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