Economics for the Common Good book cover

Economics for the Common Good by Jean Tirole Summary

Economics for the Common Good
Jean Tirole
3.88 (1054 Reviews)
Economics
Society
Finance
Überblick
Wichtige Erkenntnisse
Autor
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Overview of Economics for the Common Good

Nobel laureate Jean Tirole's "Economics for the Common Good" transforms complex economic issues into accessible insights on climate change, technology, and regulation. A 584-page masterpiece praised for sparking thoughtful debate while offering solutions to today's most pressing global challenges.

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Kurzfassung9Min

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Wichtigste Erkenntnisse

1

Why Economics Feels Cold-And Why That's Actually the Point

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Picture an economist walking past a homeless person. While most of us feel immediate compassion, the economist's mind races to questions about housing policy, labor markets, and welfare incentives. This seemingly callous response captures why economics suffers such a troubled reputation. Yet this analytical distance isn't moral indifference-it's actually what makes economics invaluable for solving social problems. The discipline forces us to look beyond visible suffering to understand invisible victims: the jobs lost when we protect one industry, the housing shortages created by rent controls, the environmental damage shifted to other countries by well-meaning local policies. When Kyoto Protocol signatories reduced fossil fuel consumption, they inadvertently lowered global energy prices, encouraging greater consumption elsewhere. Good intentions without systemic thinking can backfire spectacularly. Economics doesn't ignore human suffering; it reveals the full scope of consequences our intuitions miss.

2

The Cognitive Traps That Distort Our Economic Thinking

3

When Markets Cross Moral Lines

4

The Science Behind the Dismal Science

5

How We Actually Make Decisions-And Why It Matters

6

Reclaiming Economics for Human Flourishing

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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
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12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
star
star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
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comments
201
thumbsUp
16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
platform
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star
star
star
star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
star
star
star
star

"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn
platform
star
star
star
star
star

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
star
star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
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comments
201
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16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
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star
star
star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
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