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Good Economics for Hard Times

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James Lurie

14 Hours 46 Minutes

Hachette Book Group USA

November 2019

Audio Book Summary

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.

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Reviews

  • Imad Abdullah

    Rich and informative

    Book Rating

  • Daniel C.

    Very good book. Interesting and full of studies that show there is still a human side in economics. This may be a bit more left leaning than most economics people are used to, but I would highly suggest people to open up and hear some of these concepts to maybe break down some paradigms and assumptions we have lived with for many decades now.

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