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Good Economics for Hard Times
1 recommendations

Good Economics for Hard Times

by Abhijit V. Banerjee

Bill Gates
Recommended by Bill Gates

Recommended by Bill Gates

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Recommended by 1 source and appears in Economy, Economic Development, and Economics.

Two prizewinning economists show how economics, when done right, can help us solve the thorniest social and political problems of our dayThe experience of the last decade has not been kind to the image of economists: asleep at the wheel (perhaps with the foot on the gas pedal) in the runup to the great recession, squabbling about how to get out o...

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Recommended by 1 source and appears in Economy, Economic Development, and Economics.

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Bill Gates

Bill Gates

Co-founder of Microsoft; co-chair of the Gates Foundation

Banerjee and Duflo won the Nobel Memorial Prize in Economic Sciences last year, and they’re two of the smartest economists working today. Fortunately for us, they’re also very good at making economics accessible to the average person. Their newest book takes on inequality and political divisions by focusing on policy debates that are at the forefront in wealthy countries like the United States.

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The Undoing Project
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Michael Lewis chronicles the friendship and intellectual partnership of Daniel Kahneman and Amos Tversky, who championed the idea that cognitive biases shape our choices. The narrative reads like a buddy story, weaving their discoveries into personal anecdotes and the drama of their collaboration. You'll grasp key ideas—loss aversion, framing—through their story, but the book focuses on biography, not application. Helpful for understanding behavioral economics' origins; less useful if you want actionable advice. The emotional arc of their relationship can overshadow the science.

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Good Economics for Hard Times

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