"An open mind and an evidence-based approach can lead to more effective and compassionate policies."
Just finished reading 'Good Economics for Hard Times' by Nobel laureates Abhijit V. Banerjee and Esther Duflo ! 🌍📚
Their insightful and well researched analysis of immigration, automation, inequality, and climate change offers fresh perspectives and practical solutions for today's biggest challenges. This book is a testament to the power of evidence-based economics and the importance of humility in policy-making. What economic issues are you most concerned about, and what solutions do you think are most effective? Let's discuss! 🤔💬
"Good Economics for Hard Times" is a thought-provoking and insightful exploration of some of the most pressing economic issues of our time. Written by Nobel laureates Abhijit V. Banerjee and Esther Duflo, the book delves into topics such as immigration, job displacement due to automation and trade, inequality, tribalism, and climate change. The authors combine economic analysis with understanding of human behavior to challenge conventional wisdom and offer fresh perspectives on how to address these challenges.
The book is structured around a series of case studies and empirical evidence, making it accessible to both economists and general readers. Banerjee and Duflo's writing is engaging and often humorous, bringing to life the real-world implications of economic policies. They argue for evidence-based approaches and emphasize the importance of small, incremental changes rather than grand, sweeping reforms. Through their analysis, they demonstrate that good economics can indeed lead to better outcomes for society.
One of the features of the book is its emphasis on humility and the recognition that there are no easy answers to the complex problems we face. The authors' willingness to question their own assumptions and consider alternative viewpoints makes this a credible read. "Good Economics for Hard Times" is a read for anyone interested in understanding the economic forces shaping our world and finding practical solutions to improve it.
Publisher - Juggernaut
Pages - 350
Genre - Economics
Price - Rs 499
ABOUT THE AUTHORS
Abhijit V. Banerjee is the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology, and a co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). He is a co-recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 for his work on alleviating global poverty. In 2011, he was named one of Foreign Policy magazine's top one hun- dred global thinkers. Banerjee served on the UN Secretary-General's High-level Panel of Eminent Persons on the Post-2015 Development Agenda. He lives in Cambridge, Massachusetts.
Esther Duflo is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at the Massachusetts Institute of Technology and a co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). The youngest and only second woman to be awarded the prize, she is a co-recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019 for her work on alleviating global poverty.
Comments