Good Economics: An Action Plan for Solving Global Development Challenges Author: Abhijit Banerjee [US] / Esther Duflo [France] Publisher: CITIC Publishing Group

Introduction
Why do immigrants’ economic effects not follow the laws of supply and demand? Why does trade lead to higher unemployment and lower wages? Who has ever really explained why and when growth occurs?
From New Delhi to Dakar, from Paris to Washington, DC, immigration, income disparity, globalization difficulties, technological disruption, slowing economic growth, and accelerating climate change are all visible. How to properly deal with these issues may be the core challenge of our time. We already have the resources to meet these challenges, but we lack the ideas that can help us eliminate differences and rebuild mutual trust, and we often use economics wrongly.
In this revolutionary book, 2019 Nobel Prize winners in Economics and renowned MIT economists Banerjee and Duflo face the above challenges head-on, expounding on the cutting-edge research results in the field of economics with clarity and elegance, proposing many innovative and inspiring solutions, and explaining with convincing reasons what wise actions we should take to address urgent challenges such as economic growth, immigration, and poverty.
About the Author
Abhijit V. Banerjee, winner of the 2019 Nobel Prize in Economics, is the Ford Foundation Professor of International Economics at the Massachusetts Institute of Technology. He studied at the University of Calcutta, Jawaharlal Nehru University, and Harvard University. He was the director of the Development Economics Analysis and Research Bureau, a fellow at the American Academy of Arts and Sciences and the Econometric Society, and a fellow at the Guggenheim Foundation and the Alfred P. Sloan Foundation. He has won many awards, including the 2009 Infosys Award, and has served as an honorary consultant to many organizations, including the World Bank and the Indian government.
Esther Duflo, winner of the 2019 Nobel Prize in Economics, is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics at the Department of Economics at the Massachusetts Institute of Technology. She studied at the École Normale Supérieure in Paris, France, and the Massachusetts Institute of Technology. She has received numerous honors: the 2010 John Bates Clark Award ("Best Economist Under 40 in the United States"), the 2009 MacArthur "Genius" Fellowship, one of the "Eight Outstanding Economists" of The Economist magazine, one of the "100 Most Influential Thinkers" of Foreign Policy magazine, and one of the "40 Under 40" most influential business leaders of Fortune magazine in 2010.
In 2003, Banerjee and Duflo co-founded and continue to direct the Abdul Latif Jameel Poverty Action Lab (J-PAL). J-PAL's mission is to reduce poverty by ensuring that poverty reduction policies are based on science. J-PAL's research has won international recognition, including the annual "Frontiers of Knowledge" award from Spain's Bilbao Vizcaya Argentaria.