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...Good economics for hard times abhijit banerjee esther duflo th november overview immense anxiety exists in the world today from immigration inequality globalization and technological disruption slowing growth climate change nobel prize winning economists explain current wide spread insecurity appeal a shift away economic orthodoxy to that of empathic policy sticky markets proponents market reforms typically tout benefits can deliver but as authors contend some apologists tend overpromise on expected specifically be instance liberal freer trade only work well advocates predict when people freely move better opportunities yet experience data show don t fluidly new industries or regions cite comparative study regional labor u s defined by commuting patterns were affected expansion chinese between showed declines total employment american hardest hit competition similar manufactured wares this should not have happened if workers had simply moved within same region an industry benefited che...