Good Economics for Hard Times
The Massachusetts Institute of Technology's Ford Foundation International Professor of Economics is Abhijit V. Banerjee. MIT's Department of Economics is home to Esther Duflo, who holds the Abdul Latif Jameel Professorship of Poverty Alleviation and Development Economics. They are the 2019 Nobel Laureates in Economics. Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty, which they previously co-authored, won the 2011 Financial Times and Goldman Sachs Business Book of the Year Award.
The biggest challenge of our time may be figuring out how to handle the serious economic issues we have now. What is at stake is the entire concept of the good life as we have understood it, which is much more important than space flight or possibly even the next ground-breaking medical discovery.
Worldwide, from New Delhi and Dakar to Paris and Washington, DC, these issues—immigration and inequality, globalization and technology upheaval, slowing development and accelerating climate change—are major sources of worry. The tools are there to deal with these issues; what we lack are concepts that will enable us to get through the barriers of mistrust and disagreement that separate us. If we are successful, history will look back on our time with gratitude; if we are unsuccessful, there could be enormous losses.
Famous MIT economists Abhijit V. Banerjee and Esther Duflo take on this dilemma in this groundbreaking book, based on cutting-edge economics research that is elegantly and lucidly presented. Good Economics for Hard Times presents a compelling argument for a thoughtful interventionism and a society based on respect and compassion that is original, controversial, and urgent. It is a remarkable accomplishment that sheds light on our fragile world and helps us appreciate and comprehend it.
Author: Abhijit V. Banerjee and Esther Duflo
Link to buy: https://www.amazon.com/Good-Economics-Times-Abhijit-Banerjee/dp/1610399501/
Ratings: 4.6 out of 5 stars (from 3407 reviews)
Best Sellers Rank: #92,317 in Books
#34 in Economic Policy
#42 in International Economics (Books)
#46 in Economic Policy & Development (Books)
