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Just Economics: A Better Deal for People and Planet

By (author) Abhijit V. Banerjee, By (author) Esther Duflo, By (author) Michael Greenstone

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normal price: R 820.95

Price: R 738.95

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| book description |

The lives of the worldâ€™s poorest are already harder, hotter, and shorter, thanks to the actions and emissions of the worldâ€™s richest. But just as the rich worldâ€™s emissions are finally falling, emissions from poorer countries are set to increase drastically. We seem to be caught in an impossible bindâ€”but itâ€™s not too late to find a way out. In Just Economics, renowned economists Abhijit Banerjee, Esther Duflo (co-recipients of the 2019 Nobel Prize), and Michael Greenstone propose a radical new approach to combatting the climate crisis, arguing that climate deterioration is inseparable from our polycrisis of mass migration, political instability and the resurgence of populist nationalism. We cannot make progress, they show, without compensating those harmed by climate change and incentivizing developing countries to reduce their emissions, to our benefit too. Morality and self-interest are no longer mutually exclusive. Based on meticulous original research and years of fieldwork around the world witnessing and quantifying the real impact of climate change on those most affected, this inspiring work shows itâ€™s not impossible to protect the poor while protecting our futureâ€”it's just economics.