A treasure trove of insight (The Economist) from 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.
In this revolutionary book, the winners of the Nobel Prize in Economics, Abhijit V. Banerjee and Ester Duflo, build on cutting-edge research to understand our broken world anew. Original, provocative, and with an urgent new preface,Good Economics for Hard Timesmakes a persuasive case for an intelligent interventionism and the creation of a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand how precariously balanced our world truly is for most of the people living in it.
Abhijit V. Banerjeeis the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology. He lives in Cambridge, Massachusetts.
Esther Duflois the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at the Massachusetts Institute of Technology. She lives in Cambridge, Massachusetts.
Together, they are the winners of the 2019 Nobel Prize in Economics and coauthors of Poor Economics. They have contributed to outlets as varied as Nature, NPRsPlanet Money,TheNew York Times, andEconometrica, among others, and are frequent contributors to the French and Indian press.
AWall Street JournalBestseller