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LATEST NEWS UPDATES | ‘Good Economics for Hard Times: Better Answers to Our Biggest Problems’ review: Have plumbers, need architect -Jean Drèze

‘Good Economics for Hard Times: Better Answers to Our Biggest Problems’ review: Have plumbers, need architect -Jean Drèze

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published Published on Apr 4, 2020   modified Modified on Apr 5, 2020

-The Hindu

Seeing economists as ‘plumbers’, Abhijit Banerjee and Esther Duflo show how economic reasoning and evidence can shed light on real-world issues

John Maynard Keynes, the founder of Keynesian economics, once said that “if economists could manage to get themselves thought of as a humble, competent people, on a level with dentists, that would be splendid”. Judging from recent opinion polls, economists still have a long way to go. According to one poll, cited in this book, 84% of people in the U.K. would trust the professional advice of a nurse, but only 25% would trust an economist.

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The Hindu, 4 April, 2020, https://www.thehindu.com/books/books-reviews/good-economics-for-hard-times-better-answers-to-our-biggest-problems-review-have-plumbers-need-architect/article31247920.ece?homepage=true


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