Summary of Abhijit V. Banerjee's Good Economics for Hard Times
By IRB Media
5/5
()
About this ebook
Get the Summary of Abhijit V. Banerjee's Good Economics for Hard Times in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: 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.
IRB Media
With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.
Read more from Irb Media
Summary of Joe Dispenza's Breaking the Habit of Being Yourself Rating: 4 out of 5 stars4/5Summary of Lindsay C. Gibson's Adult Children of Emotionally Immature Parents Rating: 5 out of 5 stars5/5Summary of Clarissa Pinkola Estés's Women Who Run With the Wolves Rating: 5 out of 5 stars5/5Summary of Anna Lembke's Dopamine Nation Rating: 4 out of 5 stars4/5Summary of David R. Hawkins's Letting Go Rating: 5 out of 5 stars5/5Summary of Jessie Inchauspe's Glucose Revolution Rating: 5 out of 5 stars5/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5The Untethered Soul by Michael A. Singer | Key Takeaways, Analysis & Review: The Journey Beyond Yourself Rating: 4 out of 5 stars4/5Summary of Mark Wolynn's It Didn't Start with You Rating: 4 out of 5 stars4/5Summary of James Nestor's Breath Rating: 5 out of 5 stars5/5Summary of Tiago Forte's Building a Second Brain Rating: 4 out of 5 stars4/5Summary of Dr. Mindy Pelz's The Menopause Reset Rating: 3 out of 5 stars3/5Summary of Ryan Daniel Moran's 12 Months to $1 Million Rating: 5 out of 5 stars5/5Summary of Erin Meyer's The Culture Map Rating: 5 out of 5 stars5/5Summary of Gordon Neufeld & Gabor Maté's Hold On to Your Kids Rating: 5 out of 5 stars5/5Summary of Al Brooks's Trading Price Action Trends Rating: 5 out of 5 stars5/5Summary of Haemin Sunim's The Things You Can See Only When You Slow Down Rating: 5 out of 5 stars5/5Summary of Anna Coulling's A Complete Guide To Volume Price Analysis Rating: 5 out of 5 stars5/5Summary of Brianna Wiest's 101 Essays That Will Change The Way You Think Rating: 0 out of 5 stars0 ratingsSummary of Gabor Mate's When the Body Says No Rating: 0 out of 5 stars0 ratingsSummary of Mark Douglas' The Disciplined Trader™ Rating: 5 out of 5 stars5/5Summary of Dr. Julie Smith's Why Has Nobody Told Me This Before? Rating: 4 out of 5 stars4/5Summary of Thomas Erikson's Surrounded by Idiots Rating: 1 out of 5 stars1/5Summary of Lindsay C. Gibson's Self-Care for Adult Children of Emotionally Immature Parents Rating: 5 out of 5 stars5/5Summary of Julia Cameron's The Artist's Way Rating: 3 out of 5 stars3/5Summary of Rebecca Fett's It Starts With The Egg Rating: 0 out of 5 stars0 ratingsSummary of Napoleon Hill's Outwitting the Devil Rating: 5 out of 5 stars5/5Summary of Tara Swart's The Source Rating: 0 out of 5 stars0 ratingsSummary of Bronnie Ware's Top Five Regrets of the Dying Rating: 4 out of 5 stars4/5
Related to Summary of Abhijit V. Banerjee's Good Economics for Hard Times
Related ebooks
Summary of Abhijit V. Banerjee and Esther Duflo's Poor Economics Rating: 0 out of 5 stars0 ratingsSummary of Paul Collier's The Bottom Billion Rating: 4 out of 5 stars4/5Summary of Kate Raworth's Doughnut Economics Rating: 3 out of 5 stars3/5A World of Three Zeroes: the new economics of zero poverty, zero unemployment, and zero carbon emissions Rating: 4 out of 5 stars4/5Summary of Eric Lonergan & Mark Blyth's Angrynomics Rating: 0 out of 5 stars0 ratingsSummary of Minouche Shafik's What We Owe Each Other Rating: 0 out of 5 stars0 ratingsSummary of James Surowiecki's The Wisdom of Crowds Rating: 0 out of 5 stars0 ratingsMicrofinance: an Economic Analysis of Banking to the Poor Rating: 0 out of 5 stars0 ratingsSummary of Jeff Booth's The Price of Tomorrow Rating: 0 out of 5 stars0 ratingsSummary of Lee Kuan Yew's One Man's View of the World Rating: 0 out of 5 stars0 ratingsSummary of Tim Harford's The Undercover Economist Strikes Back Rating: 0 out of 5 stars0 ratingsSummary of Cathy O'Neil's Weapons of Math Destruction Rating: 0 out of 5 stars0 ratingsSummary of Why Nations Fail: by Daron Acemoglu and James A. Robinson | Includes Analysis Rating: 3 out of 5 stars3/5Why Nations Fail: The Origins of Power, Prosperity, and Poverty | Summary Rating: 4 out of 5 stars4/5The Wealth of Nations: The Economics Classic - A Selected Edition for the Contemporary Reader Rating: 4 out of 5 stars4/5Summary of The Black Swan: by Nassim Nicholas Taleb | Includes Analysis Rating: 5 out of 5 stars5/5The Great Escape: Health, Wealth, and the Origins of Inequality Rating: 4 out of 5 stars4/5Gambling on Development Rating: 5 out of 5 stars5/5The End of Normal: The Great Crisis and the Future of Growth Rating: 4 out of 5 stars4/5Summary of 21 Lessons for the 21st Century Rating: 3 out of 5 stars3/5Common Misconceptions of Economic Policy Rating: 0 out of 5 stars0 ratingsSummary of The Black Swan by Nassim Nicholas Taleb: Impact of the Highly Improbable: (In My Own Words) Rating: 5 out of 5 stars5/5Ten Lessons for a Post Pandemic World by Fareed Zakaria: Conversation Starters Rating: 0 out of 5 stars0 ratingsHow Not To Be Wrong | Summary Rating: 5 out of 5 stars5/5Kicking Away the Ladder: Development Strategy in Historical Perspective Rating: 4 out of 5 stars4/5Nudge: Improving Decisions About Health, Wealth, and Happiness by Richard H. Thaler | Conversation Starters Rating: 0 out of 5 stars0 ratingsThe Political Origins of Inequality: Why a More Equal World Is Better for Us All Rating: 5 out of 5 stars5/5Wealth of Nations Rating: 5 out of 5 stars5/5
Business For You
Law of Connection: Lesson 10 from The 21 Irrefutable Laws of Leadership Rating: 4 out of 5 stars4/5Collaborating with the Enemy: How to Work with People You Don't Agree with or Like or Trust Rating: 4 out of 5 stars4/5Never Split the Difference: Negotiating As If Your Life Depended On It Rating: 4 out of 5 stars4/5Crucial Conversations Tools for Talking When Stakes Are High, Second Edition Rating: 4 out of 5 stars4/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5Becoming Bulletproof: Protect Yourself, Read People, Influence Situations, and Live Fearlessly Rating: 4 out of 5 stars4/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Financial Words You Should Know: Over 1,000 Essential Investment, Accounting, Real Estate, and Tax Words Rating: 4 out of 5 stars4/5On Writing Well, 30th Anniversary Edition: An Informal Guide to Writing Nonfiction Rating: 4 out of 5 stars4/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Just Listen: Discover the Secret to Getting Through to Absolutely Anyone Rating: 4 out of 5 stars4/5Robert's Rules Of Order Rating: 5 out of 5 stars5/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Tools Of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers Rating: 4 out of 5 stars4/5How to Grow Your Small Business: A 6-Step Plan to Help Your Business Take Off Rating: 3 out of 5 stars3/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5The Five Dysfunctions of a Team: A Leadership Fable, 20th Anniversary Edition Rating: 4 out of 5 stars4/5Grant Writing For Dummies Rating: 5 out of 5 stars5/5Carol Dweck's Mindset The New Psychology of Success: Summary and Analysis Rating: 4 out of 5 stars4/5Robert's Rules of Order: The Original Manual for Assembly Rules, Business Etiquette, and Conduct Rating: 4 out of 5 stars4/5Money. Wealth. Life Insurance. Rating: 5 out of 5 stars5/5Emotional Intelligence: Exploring the Most Powerful Intelligence Ever Discovered Rating: 4 out of 5 stars4/5
Reviews for Summary of Abhijit V. Banerjee's Good Economics for Hard Times
1 rating0 reviews
Book preview
Summary of Abhijit V. Banerjee's Good Economics for Hard Times - IRB Media
Insights on Abhijit V. Banerjee and Esther Duflo's Good Economics for Hard Times
Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 3
Insights from Chapter 4
Insights from Chapter 5
Insights from Chapter 6
Insights from Chapter 7
Insights from Chapter 8
Insights from Chapter 9
Insights from Chapter 1
#1
There is a growing polarization in America and around the world between the left and the right, between those who value democracy and debate and those who only value their own personal beliefs.
#2
The world is full of problems that need to be solved, and economists have a lot of knowledge to share about these issues. But people are becoming more and more afraid of those who question the current economic model, and this has led to a vicious cycle of even less discussion about the problems.
#3
Despite the fact that economists have been proven to be correct about most of their predictions, the general public still does not trust them.
#4
When experts disagree with one another, it doesn’t necessarily mean they are wrong. Bad economics can cause distrust in experts.
#5
The media’s portrayal of economists also contributes to the public’s distrust of the field.
#6
The world is complicated, and economists are not immune to getting things wrong.
#7
On a fundamental level, the author hopes to change the way people think about economics and politics. He wants to create a new conversation between the two.
Insights from Chapter 2
#1
Migration is a big issue all around the world, and especially in Europe. The EU on average receives between 1. 5 and 2. 5 million non-EU immigrants every year. Most of these are legal migrants, people with job offers, or those who arrive to join their families.
#2
The world is full of poor people who would obviously earn more money if they were to move to richer countries.
#3
The vast majority of people do not move unless they are forced to, and even then, they usually do not move far.
#4
However, there is also a possibility that we are overestimating the benefits of migration. While migrating certainly has its advantages, it may not be the best solution for everyone.
#5
The problem with relying on lotteries to determine who gets to come to a country is that those who don't apply may be very different. Those who don't apply may have little to gain from migrating.
#6
Displacement can have positive or negative effects, it just depends on the person.
#7
However, it is unlikely that most people are waiting for a better opportunity. Something else must be holding them back.
#8
There is little to suggest that large doses of immigration negatively affect the wages or employment prospects of the native population.
#9
However, these studies have been criticized for having small sample sizes, and for relying on secondary sources to back