In their groundbreaking book, Nobel laureates in economics Abhijit Banerjee and Esther Duflo show how economics, when applied correctly, can help us overcome the most difficult economic and social challenges of our time. We have the resources to meet every challenge—from immigration to inequality, from slowing economic growth to accelerating climate change—but we are too often blinded by ideology.

"Economics in Hard Times" offers the new thinking we desperately need. Drawing on cutting-edge economic research and decades of research into the most effective solutions to extreme poverty, the book makes a compelling case for smart interventionism and a society built on compassion and respect.