Good Economics for Hard Times: Better Answers to Our Biggest Problems

Good Economics for Hard Times: Better Answers to Our Biggest Problems

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 Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than sp...

DownloadRead Online
Title:Good Economics for Hard Times: Better Answers to Our Biggest Problems
Author:Abhijit V. Banerjee
Rating:
Genres:Economics
ISBN:B07PCQLKSS
Edition Language:English
Format Type:Kindle Edition
Number of Pages:417 pages pages

Good Economics for Hard Times: Better Answers to Our Biggest Problems Reviews

  • Don
    Jan 03, 2020
    Banerjee and Duflo do an exemplary job explaining the importance of randomized control trials in setting policy. Their examples show why the 'conventional wisdom' is often wrong, and how data from experiments will lead to better outcomes for people. They take on the big issues - tr...
  • Angie Boyter
    Jan 14, 2020
    This is a lot of interesting information and discussion in this book, and it COULD have been a real winner for me except for 2 BIG (to my mind) weake areas. First of all, the writing seriously needed editing, inexcusable in a book by people at their level. There were sentences that did...
  • Rahul  Adusumilli
    Dec 18, 2019
    Couple of chapters, like the one on growth, are really really good. Rest are merely good. For a book whose motto is ?Mostly, what is clear is that we don?t know and have no way to find out other than by waiting,? it is quite exhaustive. Kai Fu-Lee's AI Superpowers has a bette...
  • Ankit
    Dec 10, 2019
    Abhijit Bannerjee and Esther Duflo open their book with an admission: It is ?a book about where economic policy has failed, where ideology has blinded us, where we have missed the obvious?. However, they also hold out a lamp by writing ?about where and why good economics is usefu...
  • Anandh Sundar
    Oct 20, 2019
    The book gives anecdotes from RCT(randomized trials) and research papers, to provide their supposedly objective view on how to perceive economics's impact on those adversely impacted by globzliation. The book has some good insights as to why less people immigrate than expected, and if ...
  • Jason Furman
    Dec 03, 2019
    This book has a huge amount of good economics. It surveys a wide range of areas: labor, tax, growth, politics, immigration, trade, and generally provides up-to-date discussions of some of the latest literature. The discussions of development--particularly India--are subtle, nuanced and...
  • Harsha Varma
    Jan 14, 2020
    Economics plays an extremely important role in designing public policy and thus has an outsized impact on how it affects all our lives. As the authors put it, "Economics is too important to be left to economists." The book covers a lot of interesting topics: immigration, trade, univers...
  • Tomasz Piotrowski
    Dec 16, 2019
    Very interesting, mind-blowing information and theories. Worth reading. ...
  • Rachel
    Jan 13, 2020
    This is a really well-organised (I was about to say 'well-plotted) book. Each section is coherent and follows logically from the last. The 'better answers' promised are a paragraph at the end of each chapter and are necessarily vague. The whole point of the book is that the problems we...
  • Ben
    Jan 06, 2020
    Okay, but a lot of this book is fairly standard, mainstream economics, of the sort that you would find on an NY Times editorial page (minus the heavy politics). There's much less novelty than in "Poor Economics." In particular, what I liked best about that book was how much I learned a...
  • Karla
    Dec 24, 2019
    I had thought there would be more economic theory in this book; given the authors are famous economists (and the title), but it ended up being partly about economics and partly about politics. They tend to go together ? as our main political parties believe in different economic theo...
  • Jean
    Jan 02, 2020
    This book is written by a husband and wife team who just won the Nobel Prize in Economics. The book is well written and researched. In fact, it is surprisingly easy to read and understand for a lay person. The authors take a global approach to the subject. What impressed me was the ...
  • Ryan Boissonneault
    Dec 01, 2019
    Aristotle warned us against expecting more precision from a subject than it allows. As Aristotle wrote, ?for it is the mark of an educated mind to seek only so much exactness in each type of inquiry as may be allowed by the nature of the subject-matter.? The idea that economics ...
  • Sanket Barhate
    Dec 01, 2019
    The book provides counter-intuitive perspectives on several burning issues such as trade, migration, discrimination, and welfare programs. The writer has done excellent job of convincing the reader to adopt new perspectives by supporting them with research. The book will also increase ...
  • Binit Agrawal
    Nov 08, 2019
    A must read for our times. It deals with most of the problems our politics, society, environment and economy (across the world) are facing. It discusses the problems and proposes reasoned solutions for each. It raises some of the most important questions on the decisions being made tod...
  • Amanda Williamson
    Jan 16, 2020
    Engaging, brilliant, and valuable for understanding the current state of the world and what does and does not work for policy. I was surprised to see that the authors strayed from evidence sometimes and offered their opinions but equally valued that they highlighted when this was the c...
  • Ietrio
    Oct 17, 2019
    How Evolution has generated Intelligent Design from the religious crowd, this is the apologetics of the Big Brother. Of course everyone will be better, in Heavens of course. ...
  • Miebara Jato
    Jan 04, 2020
    Esther and Abhijit are couples. They are also the 2019 winners of the Nobel Prize in Economics. In their previous book, Poor Economics, the duo set new outlines for fighting global poverty and help developing countries improve everything from school enrollment to immunisation rates. ...
  • Guillaume Kosmala
    Jan 07, 2020
    A copernican revolution in Economics. Fueled by the logic of Randomized Control Trials, Banerjee and Duflo have collected a series of irrevocable scientific evidence contradicting the vast majority of the accepted truths of current political discourse, picking apart the nuances of ...
  • Brice Karickhoff
    Dec 15, 2019
    If you like studies and data, you might like this book. All I do in school is read journal articles and analyze data, but this book still made me feel like I was drinking out of a firehose. I really liked it along some dimensions and really disliked it along others. So I guess it?s 3...
  • Richard Marney
    Dec 31, 2019
    The book reads like the transcript of a casual conversation. The speakers just so happen to be Nobel laureates. When finishing, I felt I should walk my guests to the door and then clean up the tea service. Straightforward, insightful, compelling and instructive, the discussion gene...
  • Chuck Kollars
    Jan 10, 2020
    Overview of intersection of current "development economics" with "national politics". Much about India (one author is from India); quite a bit about the U.S. (both authors are Nobel-winning professors at MIT in Cambridge MA) and other English-speaking parts the former British Empire; a...
  • Angelo Lisboa
    Nov 27, 2019
    Abhijit Banerjee and Esther Duflo are two of the most influential Economists in the world and 2019 Nobel Laureates due to their outstanding work in Development Economics. This book is divided in few long chapters, each takes a little over 1h to read. Each chapter tackles a difficult...
  • Saffron
    Dec 21, 2019
    Tackles all the big issues of our time (inequality, immigration, globalisation, automation, economic growth, poverty, discrimination, trade). Debunks a substantial number of myths and provides evidence for what is actually going on. Key takeaways include: labour markets are STICKY, cut...
  • Veronica
    Jan 11, 2020
    The old is dying and the new cannot be born; in this interregnum all manner of morbid symptoms appear. Gramsci - An influx of new workers will shift the demand curve right since the newcomers spend money and thus increase overall consumption. The influx increases the demand for lab...
  • Caitlin French
    Dec 26, 2019
    Written by the 2019 Economics Nobel Prize winners, Good Economics for Hard Times uses the views of research economists (like the IGM Booth panel) and experimental evidence in a data-driven approach, to comment on: 1. Immigration - Dispelling false beliefs about immigration, and sho...
  • Thomas Rososchansky
    Oct 22, 2019
    Uhhhh yeah good I guess ...
  • sarah
    Jan 04, 2020
    like most all books written for the general public by academics, this book definitely oversimplifies many of the realities and presents the world through a biased lens for the sake of a clean, easy-to-understand narrative. however much of what I feel like this book argues for is pretty...
  • Anlam Kuyusu
    Jan 11, 2020
    The book revolves around issues having to do with poverty and poverty relief. One of the key theses the authors argue for is that people don't move very much (if they can stay where they are) even if it is in their economic interest to do so. A lot go into settling in another city a...
  • Marks54
    Nov 28, 2019
    This is a book by the two most recent winners of the Nobel Prize for economics. They are husband and wife and they have made their careers by studying economics largely among poor people (a southern rather than northern focus). They also coauthored ?Poor Economics?, which also is...