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Good Economics for Hard Times

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Good Economics for Hard Times

Auteur(s): Abhijit V. Banerjee, Esther Duflo
Narrateur(s): James Lurie
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 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.
Politique Politiques publiques Sciences politiques Sciences sociales Sociologie Économie Capitalisme Disparités économiques Entreprise Socialisme Afrique Inégalités économiques Économie des États-Unis Fiscalité Exporter Amérique Latine Justice sociale Tarif Emploi Hard Economics

Ce que les critiques en disent

"Excellent...Few have grappled as energetically with the complexity of real life as Esther Duflo and Abhijit Banerjee, or got their boots as dirty in the process...A treasure trove of insight...[Readers] will be captivated by the authors' curiosity, ferocious intellects and attractive modesty."—The Economist
A Wall Street Journal BestsellerA USA Today Bestseller
"Carefully argued and backed with research...Good Economics is an effective response to Banerjee and Duflo's more thoughtful critics, some of whom argued that devotion to randomised trials had led to a narrowing of economics, in which complex questions that could not be scientifically tested should simply be set aside. The authors make a convincing case that empirical economics contains answers to many vexing problems, from populism to identity politics, especially when economists are willing to range outside their discipline's confines."—Financial Times
"'Good Economics for Hard Times' 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."—Wall Street Journal
"Their goal is to ground both sides of our national debate in hard evidence, and the process of coming up with ways to do that is pretty interesting in itself... Eager to distance themselves from the previous generation of economists who argued from first principles, Banerjee and Duflo say nothing that smells like special pleading. It would be hard to take umbrage with such studied humility. The authors admit, 'We clearly don't have all the solutions, and suspect no one else does either.' Even so, the prospect of a path towards consensus solutions through iterated experiments is enough to make for a compelling read."—National Review
"The studies they cite probe hot topics such as climate change, immigration and the viability of continued economic growth. Banerjee and Duflo synthesize the literature on what is agreed and what is controversial in an accessible, often entertaining way."—Nature
"Good Economics for Hard Times makes important policy connections and suggestions... Banerjee and Duflo explore traditional remedies (tariffs sure aren't the answer, they find, and job retraining and other trade adjustment tools are too narrow and take too long) and suggest some novel ideas... In crafting their carefully reasoned arguments, they marshal evidence assembled over decades from all sorts of areas-the fight against malaria, past efforts at tax reform, previous waves of migration-and propose commonsense solutions."—Foreign Policy
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Les plus pertinents
I now understand why Bill Gates sounds alittle "giddy" when suggesting this as his first choice of books to read this summer.

OK ... WOW

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very informative book that gives you crucial understanding of global and local economics, love this book, I learned so much.

Excellent on many levels

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Once I figured out I would never be able to absorb everything in this book I settled in and really enjoyed it. It presents an evidence-based approach to debunking many long standing economic theories that drive political thinking. Worth the read, just remember to take the broader lesons rather than the detailed evidence presented.

A Good but Difficult Read

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Enjoyed, but recommend buying the book instead as it is quite complex at times

Buy the book

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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.

Good counterweight to Basic Economics

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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.

Informative and engaging!

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

Excellent

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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.

Incredible Insight of Economic

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

Excellent cutting-edge economic assessment

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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.

Enjoyable for financial overview of the world

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