Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

Who among the following has co-authored the book titled 'Good Economics For Hard Times: Better Answers To Our Biggest Problems'?

Options:

Raghuram Rajan

Kaushik Basu

Abhijit Banerjee

Amartya Sen

Correct Answer:

Abhijit Banerjee

Explanation:

The correct answer is Option (3) - Abhijit Banerjee

"Good Economics for Hard Times: Better Answers to Our Biggest Problems" is a book co-authored by Abhijit Banerjee and Esther Duflo, both of whom are renowned economists. The book delves into pressing global issues and proposes evidence-based solutions using the principles of economics. Abhijit Banerjee and Esther Duflo, along with Michael Kremer, were awarded the Nobel Prize in Economic Sciences in 2019 for their experimental approach to alleviating global poverty. Their research focuses on using randomized controlled trials (RCTs) to evaluate the effectiveness of various social and economic policies and interventions. In "Good Economics for Hard Times," Banerjee and Duflo apply their expertise to tackle some of the most challenging problems facing the world today, including inequality, immigration, trade, growth, and climate change. Drawing on their extensive research and real-world experience, they offer insightful analyses and pragmatic solutions grounded in economic theory and empirical evidence.

The book presents a nuanced and accessible exploration of complex economic issues, challenging conventional wisdom and providing fresh perspectives on how to address persistent problems. Banerjee and Duflo emphasize the importance of rigorous analysis and data-driven policymaking in finding effective solutions to the challenges of our time. "Good Economics for Hard Times" has received widespread acclaim for its thought-provoking insights, clear writing style, and relevance to contemporary issues. It appeals to both general readers interested in understanding the world around them and policymakers seeking evidence-based strategies to tackle pressing economic and social problems.