Economics for the Common Good

Economics for the Common Good

by Jean Tirole (Author)

Synopsis

From the Nobel Prize-winning economist, a bold new agenda for the role of economics in society

When Jean Tirole won the Nobel Prize in Economics, he suddenly found himself being stopped in the street by strangers and asked to comment on current events far from his own research. His transformation from academic economist to public intellectual prompted him to reflect more deeply on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics can help us improve the shared lot of societies and humanity as a whole. To show how, Tirole shares his insights on a broad range of questions affecting our everyday lives and the future of our society, including global warming, unemployment, the post-2008 global financial order, the euro crisis, the digital revolution, innovation, and the proper balance between the free market and regulation. Compelling and accessible, Economics for the Common Good sets a new agenda for the role of economics in society.

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More Information

Format: Illustrated
Pages: 584
Edition: Illustrated
Publisher: Princeton University Press
Published: 14 May 2019

ISBN 10: 0691192251
ISBN 13: 9780691192253

Media Reviews
Required reading for anybody who wants to understand today's economy. -Olivier Blanchard, former Chief Economist of the International Monetary Fund
A constructive critique of economists with a strong defence of the subject they study. -Martin Sandbu, Financial Times
An ambitious yet accessible summary of [Tirole's] ideas on the proper role of economists and the value of their ideas in informing government, business and social life. . . . Tirole has a patient, explanatory style. -Philip Delves Broughton, Wall Street Journal
Explains in straightforward language what academic economists do, how they think about society and human behavior, and what advice they tend to offer governments about some of the biggest challenges they face. -Foreign Affairs
Spells out the usefulness of rigorous economic thinking for society in deep, yet accessible, language. . . . [A] great book, rich with insights. -Markus Brunnermeier, Finance & Development
Author Bio
Jean Tirole, the winner of the 2014 Nobel Prize in Economics, is chairman of the Toulouse School of Economics and of the Institute for Advanced Study in Toulouse and a visiting professor at the Massachusetts Institute of Technology.