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Page de couverture de Good Economics for Hard Times

Good Economics for Hard Times

Auteur(s): Abhijit V. Banerjee, Esther Duflo
Narrateur(s): James Lurie
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Description

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.

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

Ce que les critiques en disent

"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, Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business)

"Banerjee and Duflo have shown brilliantly how the best recent research in economics can be used to tackle the most pressing social issues: unequal economic growth, climate change, lack of trust in public action. Their book is an essential wake-up call for intelligent and immediate action!" (Emmanuel Saez, professor of economics at UC Berkeley)

"Banerjee and Duflo move beyond the simplistic forecasts that abound in the Twittersphere and in the process reframe the role of economics. Their dogged optimism about the potential of economics research to deliver makes for an informative and uplifting read." (Pinelopi Goldberg, Elihu Professor of Economics, Yale University, and chief economist of the World Bank Group)

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Ce que les auditeurs disent de Good Economics for Hard Times

Moyenne des évaluations de clients
Au global
  • 4.5 out of 5 stars
  • 5 étoiles
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Performance
  • 5 out of 5 stars
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Histoire
  • 4.5 out of 5 stars
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  • 4 étoiles
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  • 3 étoiles
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  • 2 étoiles
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  • 1 étoile
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  • Au global
    4 out of 5 stars
  • Performance
    5 out of 5 stars
  • Histoire
    5 out of 5 stars

Good counterweight to Basic Economics

This book was helpful as a layperson to get a better understanding of left-wing thought on the topic.

My only criticism is that these authors do apply principles a bit inconsistently in favour of what I can clearly read as their political orientation. They're fast to point out correlation is not causation with respect to tax cuts for the wealthy and economic growth (even while admitting there is growth, and that they don't know what is really creating it), yet when this same lack of causal connection exists for left-leaning theories, they seem to embrace the correlation as evidence and a reason to push forward.

In large part that's human nature, and for me it was actually a bit helpful in using this book as a counterweight to the more individualistic economic thinkers like Sowell.

Maybe my best praise is that I filled an A4 page of small-print, concise "interesting notes" on this book, which (for the book's size) is higher than my average, and I mainly only read real classics so that says something.

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2 les gens ont trouvé cela utile

  • Au global
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Histoire
    5 out of 5 stars
  • C
  • 2020-07-09

Excellent

Great book, a bit too left oriented, but apart that, an excellent resource!
Would recommend!

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1 personne a trouvé cela utile

  • Au global
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Histoire
    5 out of 5 stars

Enjoyable for financial overview of the world

Thank you for writing this. I would appreciate if you had included more countries other than just focusing a lot on the USA and India. Overall, a great book.

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1 personne a trouvé cela utile

  • Au global
    3 out of 5 stars
  • Performance
    4 out of 5 stars
  • Histoire
    3 out of 5 stars

Stay away from soccer pls

A good overall book. He totally misses and is misinformed about Soccer and he goes even further telling why Ronaldo went to Juve for taxes, which is by far incorrect! He went there bcs of new challenge and that was nothing for him in Real anymore, and if that's not enough he again explains how Arsenal spends to much in New player's lol. but economy wise it's worth listening. narrator is a 5 🌟

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  • Au global
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Histoire
    5 out of 5 stars

Amazing

Can’t recommend this book enough.

In addition to the amazing insights, the authors acknowledge what economists do not know. We need more people like them rather than arrogant people who pretend to know everything

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  • Au global
    2 out of 5 stars
  • Performance
    4 out of 5 stars
  • Histoire
    2 out of 5 stars

Misrepresents some facts oblivious of others

The author uses statistics when supporting his/her belief and take refuge from it when it does not.

The author discusses his/her confusion about why people don’t think economists considered trustworthy and then misses the mark completely while contemplating it. It is because economics is a political tool and more and more so the Liberal Arts are dominated by ... well... Liberals.

The author is confused as to why people want lower taxes. Is it because people think the rich will stop working if we have higher taxes ? No, obviously not. It’s because people want to keep their money.

I was compelled by the author’s discussion on stickiness of labour and it gave me pause when thinking of my own home region. The author makes a compelling case AGAINST trade, but without discussing the benefits of exports and then abandons his/her reasoning to going back to defend international trade.

Not bad. Not Great.

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  • Au global
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Histoire
    5 out of 5 stars

Incredible Insight of Economic

Thank you so much for sharing these useful datum!
Greatly appreciated, the author did an amazing job explaining how economic and the real world work intertwined.

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  • Au global
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Histoire
    5 out of 5 stars
  • Tom
  • 2020-12-02

Great research

A lot of the reviews say they have a left wing bias and I strongly disagree. They repeatedly defend working class people, present both sides of issues of free trade, UBI, socialism, etc. These are not political hacks but distinguished researchers.

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  • Au global
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Histoire
    5 out of 5 stars

Excellent cutting-edge economic assessment

Fascinating and effortless repudiation of classical economics. A nuanced view of good economic policy with ample evidence.

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  • Au global
    5 out of 5 stars
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    5 out of 5 stars
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    5 out of 5 stars

Informative and engaging!

Love it! always ended up listening for more than 1 hour. True pleasure to listen to. I will recommend it to anyone who is interested in economics.

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