A book as much about the problems as about how our world can be put back together, as long as we are honest with the diagnosis. To tell ourselves a story of what went wrong and why, but also as a reminder of all that has gone right. Inequality is exploding, environmental catastrophes and global policy disasters loom, but we are left with little more than platitudes to confront them with. Which is what we were doing while the dawn-light of the early Obama years gave way to the psychedelic madness of Brexit, the Yellow Vests, and the Wall-and strutting dictators (or their elected equivalents) replaced the confused optimism of the Arab Spring. We did it and somehow got away with it it was time to go back to what we normally do, which is to write and publish research papers. Economists do not really write books, least of all books human beings can read. We were flattered, but it was clear to us that we were done. Ten years ago we wrote a book about the work we do. To our children, Noemie and Milan, in the hope that they grow up to a more just and humane world, and for Sasha, who didn’t get a chance. ISBN 978-1-61039-950-0 (hardcover), ISBN 978-1-5417-6287-9 (ebook) E3-20191019-JV-NF-ORIĬover Title Page Copyright Dedication Preface 1 MEGA: Make Economics Great Again 2 From the Mouth of the Shark 3 The Pains from Trade 4 Likes, Wants, and Needs 5 The End of Growth? 6 In Hot Water 7 Player Piano 8 9 Cash and Care Conclusion: Good and Bad Economics Acknowledgments Discover More About the Authors Praise for Good Economics for Hard Times NotesĮxplore book giveaways, sneak peeks, deals, and more. Library of Congress Cataloging-in-Publication Data has been applied for. Editorial production by Christine Marra, Marrathon Production Services. The publisher is not responsible for websites (or their content) that are not owned by the publisher. To find out more, go to or call (866) 376-6591. The Hachette Speakers Bureau provides a wide range of authors for speaking events. The PublicAffairs name and logo is a trademark of the Hachette Book Group. PublicAffairs Hachette Book Group 1290 Avenue of the Americas, New York, NY 10104 First Edition: November 2019 Published by PublicAffairs, an imprint of Perseus Books, LLC, a subsidiary of Hachette Book Group, Inc. If you would like permission to use material from the book (other than for review purposes), please contact Thank you for your support of the author’s rights. The scanning, uploading, and distribution of this book without permission is a theft of the author’s intellectual property. The purpose of copyright is to encourage writers and artists to produce the creative works that enrich our culture.
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