Good Economics for Hard Times
MIT economics professor Abhijit Banerjee joined the Council to argue that traditional Western-centric thinking has failed to benefit the average worker and consumer in an ever more globalized world.
About This Event
The past decade has been an economic rollercoaster, characterized by negative or slow growth and market turbulence. When done right, economics has the potential to help solve the toughest social and political problems. But after the financial crisis, is good economics enough to provide stability and prosperity in the face of climate change, inequality, and political polarization? MIT economics professor Abhijit Banerjee joins the Council to argue that traditional western-centric thinking has failed to explain how it benefits the average worker and consumer in an ever more globalized world.
About the Speakers
Abhijit Banerjee
Winner, 2019 Nobel Memorial Prize in Economic Sciences; Ford Foundation International Professor of Economics, MIT
Professor of Finance, University of Chicago Booth School of Business
Raghuram Rajan is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. He served as the 23rd Governor of the Reserve Bank of India from September 2013 to September 2016 and was the Chief Economist and Director of Research at the International Monetary Fund from 2003 to 2006.