Good Economics for Hard Times
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Good Economics for Hard Times : Better Answers to Our Biggest Problems

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FROM THE WINNERS OF THE 2019 NOBEL PRIZE IN ECONOMICS

'Wonderfully refreshing . . . A must read' Thomas Piketty

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.
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Product details

  • Hardback | 416 pages
  • 162 x 240 x 37mm | 648g
  • ALLEN LANE
  • London, United Kingdom
  • English
  • 0241306892
  • 9780241306895
  • 4,556

Review quote

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. 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. Not all economists wear ties and think like bankers. In their wonderfully refreshing book, Banerjee and Duflo delve into impressive areas of new research questioning conventional views about issues ranging from trade to top income taxation and mobility, and offer their own powerful vision of how we can grapple with them. A must-read.
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About Abhijit V. Banerjee

Abhijit V. Banerjee (Author)
Abhijit Banerjee is the Ford Foundation International Professor of Economics at MIT and the author of Poor Economics. He has been named as one of Foreign Policy magazine's top 100 global thinkers and has served on the U.N. Secretary-General's panel on the Post-2015 Development Agenda.

Esther Duflo (Author)
Esther Duflo is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics at MIT and the author of Poor Economics. Duflo is a member of the American Academy of Arts and Science, and has received numerous academic honors and prizes including the Infosys Prize, the Dan David Prize, a John Bates Clark Medal, and a MacArthur "Genius Grant" Fellowship.
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