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, D.C. 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.
Link to book: Good Economics for Hard Times
Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics, Massachusetts Institute of Technology
Senior Adviser, Development Research Group, World Bank
Lead Economist, Migration and Remittances Unit, and Head, KNOMAD, Development Prospects Group, World Bank Group
World Bank Group Deputy Chief Economist and Director of Development Policy, Development Economics
Senior Correspondent, The Wall Street Journal