Name: Good Economics for Hard Times
Price: 22.72 EUR
Availability: InStock
Author: Esther Duflo
ISBN: 9781541788947

Type

Physical Book

Author

Abhijit V. Banerjee

Esther Duflo

Publisher

PublicAffairs

Year

2021

Language

English

Pages

432

Format

Paperback

Dimensions

20.8 x 13.7 x 3.3 cm

Weight

0.36 kg.

ISBN13

9781541788947

Synopsis "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. In this ambitious, provocative book Abhijit V. Banerjee and Esther Duflo show how traditional western-centric thinking has failed to explain what is happening to people in a newly globalized world: in short Good Economics has been done badly. This precise but accessible book covers many of the most essential issues of our day--including migration, unemployment, growth, free trade, political polarization, and welfare. Banerjee and Duflo will confound and clarify the presumptions of our times, such as: Why migration doesn't follow the law of supply and demandWhy trade liberalization can drive unemployment up and wages downWhy macroeconomists like to bend the data to fit the modelWhy nobody can really explain why and when growth happensWhy economists' assumption that people don't change their minds has made has made polarization worseWhy quite often it doesn't take a village, especially if the villagers aren't that niceIn doing so, they seek to reclaim this essential terrain, and to offer readers an economist's view of the great issues of the day--one that is candid about the complexities, the zones of ignorance, and the areas of genuine disagreement.

Esther Duflo

(Author)

View Author's Page

Esther Duflo (París, 1972) es catedrática (cátedra Abdul Latif Jameel para el desarrollo y la lucha contra la pobreza) en la facultad de Economía del MIT. Estudió en la École Normale Supérieure de París y en el MIT. Es cofundadora y codirectora del J-PAL, laboratorio de acción contra la pobreza. Fue incluida entre los ocho mejores

economistas jóvenes por _e Economist, entre los cien pensadores más influyentes del mundo por Foreign Policy, y entre los «cuarenta líderes empresariales menores de cuarenta» más destacados de 2010 por la revista Fortune.

Ha recibido numerosos premios y galardones, incluidos la Medalla John Bates Clark de 2010 al mejor economista estadounidense menor de 40 años, un premio «genius» de la Fundación MacArthur en 2009, el Premio Princesa de Asturias de Ciencias Sociales en 2015 y el Premio Nobel de Economía en 2019, junto con Abhijit V. Banerjee y Michael Kremer.

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