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Good Economics for Hard Times by Banerjee & Duflo
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Binding: Paperback
Language: English
ISBN-13: 978-9391165994
Reader’s Age: Adults 18+ (Suitable for Curious Teens 16+ and Above)
Ships Within: 5–10 Business Days
Authors: Abhijit V. Banerjee & Esther Duflo
Release Date: November 12, 2019
Genre: Business & Finance
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Better Answers to the World’s Biggest Economic Problems
About the Book
Good Economics for Hard Times is a bold, eye-opening book that uses real economic research to tackle the biggest problems facing the world today. Written by two Nobel Prize-winning economists, it breaks down complicated issues like immigration, inequality, trade, and climate change into ideas that actually make sense for everyday readers.
About the Authors
Abhijit V. Banerjee is the Ford Foundation International Professor of Economics at MIT, and co-founder of the Abdul Latif Jameel Poverty Action Lab. Together with Esther Duflo, he was awarded the 2019 Nobel Memorial Prize in Economic Sciences for their experimental approach to alleviating global poverty. Both authors have spent decades working on real-world solutions to poverty and inequality, making them two of the most trusted voices in modern economics.
Who Is This Book For?
This book is for anyone who wants to understand why the world feels so economically broken and what can actually be done about it. Whether you are a student, a professional, a policymaker, or just someone who reads the news and wants real answers, this book was written with you in mind.
Frequently Asked Questions (FAQs)
Q1. Is Good Economics for Hard Times suitable for readers with no economics background? Yes, absolutely. The book is written in plain language without heavy jargon. Anyone who is curious about how the economy affects everyday life will find it easy and enjoyable to read. It is one of the best economics books for general readers available today.
Q2. What topics does Good Economics for Hard Times cover? The book covers major issues including why migration does not follow the simple law of supply and demand, why trade liberalization can drive unemployment up and wages down, and why growth is so hard to predict and explain. It also addresses inequality, climate change, and social welfare policy.
Q3. Why should I read this book over other economics books? Most economics books either oversimplify or overwhelm. This book builds on cutting-edge research and years of exploring the most effective solutions to alleviate extreme poverty, making a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is practical, honest, and grounded in real data.
Q4. Is this book related to the Nobel Prize in Economics? Yes. Banerjee and Duflo are Nobel Prize-winning economists who carefully lay out evidence to provide a grounded approach to tackling today’s most pressing global problems, with a strong focus on alleviating inequality and poverty. Reading this book gives you direct access to how Nobel-level economic thinking applies to real life.
| Weight | 294 g |
|---|---|
| Dimensions | 19.8 × 12.9 × 2.8 cm |
Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. This book walks you through each of these issues using cutting-edge research, explained in plain, honest language. The authors use simple prose to demonstrate how rigorous economic thinking, accompanied by careful empirical work, can be brought to bear on a wide range of concrete policy problems. By the end, you will have a clearer picture of what good economics really looks like and why it matters more than ever.
