Two prize-winning 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 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 demandWhy trade liberalization can drive unemployment up and wages downWhy macroeconomists like to bend the data to fit the modelWhy nobody can really explain why and when growth happensWhy economists' assumption that people don't change their minds has made has made polarization worseWhy quite often it doesn't take a village, especially if the villagers aren't that niceIn 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.
[NEWS] Good Economics, Bad Economics: Eight Ways We Get the World Wrong and How to Set It Right Online
1. Two prize-winning 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 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 demandWhy trade liberalization can drive unemployment up and wages downWhy macroeconomists like to bend the data to fit the modelWhy nobody can really explain why and when growth happensWhy economists' assumption that people don't change their minds has made has made polarization worseWhy quite often it doesn't take a village, especially if the villagers aren't that niceIn 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.
[NEWS] Good Economics, Bad Economics: Eight Ways We Get the World Wrong and How
to Set It Right Online
Two prize-winning 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 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 demandWhy trade liberalization can drive unemployment up and
wages downWhy macroeconomists like to bend the data to fit the modelWhy
nobody can really explain why and when growth happensWhy economists'
assumption that people don't change their minds has made has made
polarization worseWhy quite often it doesn't take a village, especially if the
villagers aren't that niceIn 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.
[Book] [NEWS] Good Economics, Bad Economics: Eight Ways We Get the World Wrong
and How to Set It Right Online
3. Language :q
ISBN-10 : 1610399501q
ISBN-13 : 9781610399500q
DISCRIPSI
Two prize-winning 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 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 demandWhy
trade liberalization can drive unemployment up and wages downWhy macroeconomists like to bend
the data to fit the modelWhy nobody can really explain why and when growth happensWhy
economists' assumption that people don't change their minds has made has made polarization
worseWhy quite often it doesn't take a village, especially if the villagers aren't that niceIn 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.
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