Good Economics for Hard Times has a much broader canvas and covers globally important public policy issues, such as trade, immigration, environment and, of course, economic growth
In a world of crushing inequality and aggregate demand stagnation, the new laureates bring some cheer in showing us that incremental changes pursued steadfastly can add up to a lot
Instead, the unions said, ensuring 'proper governance in the system' and 'removing political interference' will address the problem of NPAs
Nobel laureates Abhijit Banerjee and Esther Duflo are co-founders of J-PAL
Economic and medical RCTs have the same limitations: the difficulty of true randomisation, or that variations in individual outcomes might be large even if the average effect is favourable
The fruition of Nobel's hope lies in the response of a caring government that can rise above politics and propaganda
Here's a selection of Business Standard Opinion pieces for the day
There is good reason for caution in applying the results of randomised control trials across space and time
In the last two decades, not only have the Indian society and politics changed - becoming more narrow and less catholic, the economists too have changed in a significant way
Prime Minister calls meeting with Abhijit Banerjee excellent; professor thanks Modi for unique experience
In a media interaction after the meeting at the prime minister's official residence, Banerjee refused to take questions on the state of economy and refrained from commenting on policies of the govt
P Chidambaram gets bit of court relief and Prime Minister Narendra Modi and Abhijit Banerjee have an "excellent meeting".
Esther Duflo not present at the meeting
Abhijit Banerjee, who recently won the Economics Nobel Prize, along with Esther Duflo and Michael Kremer, spoke to Rajesh Kumar about the concerns facing the Indian economy; here are the highlights
Countries from China to India to Indonesia are slashing taxes for businesses to spur growth amid a gloomy outlook for global economic expansion
Given that the wages don't fall, you have to do something to make the real wages flexible, says Banerjee
It is the team which has got the Nobel Prize, not only Banerjee.
Priyanka Gandhi was attacking Union minister Piyush Goyal after Goyal said Nobel Laureate Banerjee is left leaning and the idea of NYAY proposed by Congress was rejected by the people of India
The scapegoating of a Nobel Prize-winning native demonstrates the pitfalls of nationalism
Banerjee recently said the Indian economy is on a shaky ground, adding data currently available does not hold any assurance for the country's economic revival anytime soon