|aGood economics for hard times /|cAbhijit V. Banerjee & Esther Duflo.
|aNew York :|bPublicAffairs,|cc2019.
|ax, 403 pages :|billustrations ;|c25 cm
|aIncludes bibliographical references (pages 327-383) and index.
|aFiguring out how to deal with today's critical ecnomic 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 - thjese 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 Abijit 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. --|cFrom dust jacket.
在這本充滿企圖心，挑戰既有學術框架的作品中，兩位2019諾貝爾經濟學獎最新得主Abhijit V. Banerjee 與Esther Duflo，提出傳統西方中心的思維是最關鍵的肇因，讓我們無法釐清全球化之下，那些身處新開興區域的人們，究竟正遭逢什麼困境：簡單來說，好經濟學被糟糕地誤用了。這本精準但易懂的作品包含了我們這個時代最重要的各個課題：移民、失業、成長、自由貿易、政治分裂、福利政策。兩位作者揭穿並闡明那些潛藏於當下認知的錯誤經濟學預設：
《Good Economics for Hard Times》提供我們當下最需要的心思維。立基在最新的經濟學研究成果，搭配兩位多年在世界各地，實務的觀察與經驗，投身具體的政策改革解決貧窮問題，提出一個充滿力量的新經濟學論點，以對症下藥的解決提案，打造一個充滿同情心但有尊嚴的社會。是這分裂極化的世界迫切需要的宣言，認清問題的病灶與所需的改變，讓經濟學重拾其智慧，幫助我們一同跨越挑戰。（文/博客來編譯）
Two prize-winning economists show how economics, when done right, can help us solve the thorniest social and political problems of our day
The 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 run-up to the great recession, squabbling about how to get out of it, tone-deaf in discussions of the plight of Greece or the Euro area; they seem to have lost the ability to provide reliable guidance on the great problems of the day.
In this ambitious, provocative book Abhijit V. Banerjee and Esther Duflo show how traditional western-centric thinking has failed to explain what is happening to people in a newly globalized world: in short Good Economics has been done badly. This precise but accessible book covers many of the most essential issues of our day--including migration, unemployment, growth, free trade, political polarization, and welfare. Banerjee and Duflo will confound and clarify the presumptions of our times, such as:
Why migration doesn’t follow the law of supply and demand Why trade liberalization can drive unemployment up and wages down Why macroeconomists like to bend the data to fit the model Why nobody can really explain why and when growth happens Why economists’ assumption that people don’t change their minds has made has made polarization worse Why quite often it doesn’t take a village, especially if the villagers aren’t that nice
In doing so, they seek to reclaim this essential terrain, and to offer readers an economist’s view of the great issues of the day--one that is candid about the complexities, the zones of ignorance, and the areas of genuine disagreement.
"Not all economists wear ties and think like bankers. In their wonderfully refreshing book, 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, professor, Paris School of Economics, and author of Capital in the Twenty-first Century
"A magnificent achievement, and the perfect book for our time. Banerjee and Duflo brilliantly illuminate the largest issues of the day, including immigration, trade, climate change, and inequality. If you read one policy book this year -- heck, this decade - read this one."―Cass R. Sunstein, Robert Walmsley University Professor, Harvard University, and author, How Change Happens
"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
"One of the things that makes economics interesting and difficult is the need to balance the neat generalities of theory against the enormous variety of deviations from standard assumptions: lags, rigidities, simple inattention, society's irrepressible tendency to alter what are sometimes thought of as bedrock characteristics of economic behavior. Banerjee and Duflo are masters of this terrain. They have digested hundreds of lab experiments, field experiments, statistical studies, and common observation to find regularities and irregularities that shape important patterns of economic behavior and need to be taken into account when we think about central issues of policy analysis. They do this with simple logic and plain English. Their book is as stimulating as it gets."―Robert Solow, Nobel Prize winner and emeritus professor of economics, Massachusetts Institute of Technology
"In these tumultuous times when many bad policies and ideas are bandied around in the name of economics, common sense-and good economics-is even more sorely needed than usual. This wide-ranging and engaging book by two leading economists puts the record straight and shows that we have much to learn from sensible economic ideas, and not just about immigration, trade, automation, and growth, but also about the environment and political discourse. A must-read."―Daron Acemoglu, Elizabeth and James Killian Professor of Economics, MIT, and coauthor of Why Nations Fail
"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
"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