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
Обзор
Ключевые Выводы
Автор
Часто Задаваемые Вопросы

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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Ключевые выводы

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

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

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117

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

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

@Matt, YC alum
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12
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108

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

@Erin, Investment Banking Associate , NYC
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254
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17

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

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

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

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