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Good Economics for Hard Times

Better Answers to Our Biggest Problems

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. They cover the most essential issues, including why migration doesn't follow the law of supply and demand, why trade liberalization can drive unemployment up and wages down and why nobody can really explain why and when growth happens.

They seek to reclaim this essential terrain, and offer readers an economist's view of the most pressing political issues, one that is candid about the obstacles we face but optimistic that we can find better ways to overcome them.

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.

Yanis Varoufakis, Observer

About Abhijit V. Banerjee

Abhijit Banerjee, winner of the 2019 Nobel Prize in Economics, 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). In 2011, he was named one of Foreign Policy magazine’s top 100 global thinkers. Banerjee served on the U.N. Secretary-General’s High-level Panel of Eminent Persons on the Post-2015 Development Agenda.
Details
  • Imprint: Penguin
  • ISBN: 9780141986197
  • Length: 416 pages
  • Dimensions: 198mm x 22mm x 129mm
  • Weight: 302g
  • Price: £10.99
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