Abhijit V. Banerjee, Esther Duflo – Good Economics for Hard Times

The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day.

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.

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.

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, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.

Author: Abhijit V. Banerjee, Esther Duflo
Narrator: James Lurie
Duration: 14 hours 45 minutes
Released: 19 Dec 2011
Publisher: PublicAffairs
Language: English

User Review:

musical surplus

This is one of brighter flames of hope chiseled from the facts and observations of two great economists that transcend the pseudoscience of pure economics. The authors do not presume that the answers to the worlds economic woes are all grounded in some sort of money and or employment formulas. Instead, they show the broader truth that money, employment, wealth,poverty and the human condition are all rolled into the bubbling soup of human and social truth that we all make up. The book is well written and timely. It has a definite optimistic bent without any single, one size fits all magic bullet for the woes of the worlds economic condition. I feel theyre strongest theme is the basic dignity of all people. Well done!