Figuring out a way to deal with today’s critical economic problems is a challenge of our times. Economics is directly linked to the society, our lives and day-to-day activities. Should we care about the numerous problems that revolve around in the world? May be we must because it will directly or indirectly effect us.
We have the resources to solve these problems; what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. Only if we can engage seriously in this quest, and if the best minds in the world work with governments and civil society to redesign our social programs for effectiveness and political viability, will history remember our era with gratitude.
Good Economics for Hard Times, written by the renowned economists and the winners of the 2019 Nobel Prize, takes on this challenge, building on cutting-edge research in economics, explained with lucidity and grace. It is original, provocative, and urgent. The book makes a persuasive case for intelligent interventions toward a society built on compassion and respect. It is an extraordinary book, one that will help us appreciate and understand our precariously balanced world.