GOOD ECONOMICS FOR HARD TIMES

‘In Good Economics for Hard Times, Banerjee and Duflo, two of the world’s great economists, parse through what economists have to say about today’s most difficult challenges – immigration, job losses from automation and trade, inequality, tribalism and prejudice, and climate change. The writing is witty and irreverent, always informative but never dull.Banerjee and Duflo are the teachers you always wished for but never had, and this book is an essential guide for the great policy debates of our times.’ Raghuram Rajan ‘A model of how economic reasoning and evidence can shed light on real-world issues. The authors excel at joining the dots from numerous theoretical and empirical studies. The arguments flow like clear water. Written in an engaging style, the book makes economics accessible to a wide audience.’ Jean Dreze, The Hindu ‘Lives up to its authors’ reputations, giving a masterly tour of the current evidence on critical policy questions facing less-than-perfect markets in both developed and developing countries, from migration to trade to postindustrial blight.’ William Easterly, Wall Street Journal ‘Abhijit Banerjee and Esther Duflo write beautifully and are in full command of their subject.’ The Guardian ‘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 ‘Their book is as stimulating as it gets.’ Robert Solow