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Good Economics for Hard Times

Better Answers to Our Biggest Problems

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Good Economics for Hard Times

Written by: Abhijit V. Banerjee, Esther Duflo
Narrated by: James Lurie
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Brought to you by Penguin.

Two prize-winning economists 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, globalisation 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 audiobook, 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, read by James Lurie, 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.

© Abhijit V. Banerjee and Esther Duflo 2019 (P) Penguin Audio 2019

 Economics International Politics & Government Theory
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Critic Reviews

Excellent, important, disarmingly down to earth . . . they seek to shed much-needed light upon the distortions that bad economics bring to public debates while methodically deconstructing their false assumptions.
Not all economists wear ties and think like bankers. In their wonderfully refreshing book, Banerjee and Duflo delve into impressive areas of new research questioning conventional views about issues ranging from trade to top income taxation and mobility, and offer their own powerful vision of how we can grapple with them. A must-read. (Thomas Piketty, author of Capital in the Twenty-First Century)
Compelling, useful, relevant ... Banerjee and Duflo use extensive data to zoom out and show us a wider view of these human dynamics (Bill Gates)
Excellent ... Few have grappled as energetically with the complexity of real life as Esther Duflo and Abhijit Banerjee, or got their boots as dirty in the process ... Readers will be captivated
A canard-slaying, unconventional take on economics ... invigorating ... a treasure trove of facts and findings about the biggest economic issues of the day
A magnificent achievement, and the perfect book for our time. Banerjee and Duflo brilliantly illuminate the largest issues of the day, including immigration, trade, climate change, and inequality. (Cass R. Sunstein, author of How Change Happens)
Banerjee and Duflo are masters of this terrain . . . Their book is as stimulating as it gets
All stars
Most relevant
Loved it. :-)

Answers to why author awarded Nobel prize.

#only for Open Minded people.

For the one who believe , He/ She is Open Minded

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it has given some idea of the subject and various social issues from an economist point of view.

Nice book

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the world needs the ideas shared in this book inorder to promote equitable growth and wealth equality.

very informative and insightful.

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I had read a book on economics that I thought was a real eye-opener 'Basic Economics, A Common Sense Guide to the Economy' by Thomas Sowell. However, I was left with an after-idea that 'Free Trade' might be a very good economic pattern, but then why do the governments keep interfering, when interference is so apparently the wrong way of dealing with economics.
.... And now I know.
Like: -
1. Abhijit is an Indian ethnicity economist - though a naturalised American.
2. Abhijit is a Nobel Prize winner in economics - and it takes about 2 pages worth to know why.
3. The Data illustrations cover all forms of economies - democratic/ socialist/ communist & developed/ developing/ under-developed.
4. The book looks at economics from the perspective of inequality - rather than just the average GDP.
5. The narrator is good.... the voice is clear and expressive.
Dislike: -
1. Nothing.... if you wanted to get a well rounded view of economic inequality... you couldn't do better.

Good Economics........ Period.

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The ability of the authors to explain critical concepts in such a lucid way is much appreciated.
Especially loved the breakdown of critical discussions like immigration, impact of artificial intelligence

A very informative read

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