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Just Economics

A Better Deal for People and Planet

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Pub Date Jan 19 2027 | Archive Date Dec 31 2026


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Description

An inspiring case for how we still can protect the poor from climate change and reduce future emissions.

In many parts of the world, 100-degree days are already common. In the Indian subcontinent, temperatures can become so high that concrete in the cities buckles. In Morocco, hotter and longer droughts threaten crops and livestock, possibly wiping out the livelihood of millions. The lives of the world’s poorest are already harder, hotter, and shorter thanks to emissions that disproportionately come from the world’s richest. But just as the rich world’s emissions are finally falling, poorer countries’ are set to increase drastically. We seem to be caught in an impossible bind—but it’s not too late.

Renowned economists Abhijit V. Banerjee and Esther Duflo (co-recipients of the 2019 Nobel Prize), and Michael Greenstone propose a radical new approach to combating climate change and the devastation that is already causing the most serious global crisis of our time. Substantial progress is possible if the wealthiest countries compensate the poorer countries for the harms that their emissions cause and, in exchange, poorer countries commit to climate action. Based on meticulous original research, years of fieldwork around the world, and deep engagement with world leaders and climate negotiators, Banerjee, Duflo, and Greenstone dive deeply into the specifics to show how this grand bargain would work to curtail emissions and address the suffering of the world’s neediest.

This paradigm-shifting and inspiring book reassures us that we can successfully confront the challenge. We can protect the poor while protecting our future. It’s just economics.


About the Authors: 

Abhijit V. Banerjee, best-selling co-author of Poor Economics and Good Economics for Hard Times, received the 2019 Nobel Prize (Economic Sciences). He lives in Zurich.

Esther Duflo, best-selling co-author of Poor Economics and Good Economics for Hard Times, received the 2019 Nobel Prize (Economic Sciences). She lives in Zurich.

Michael Greenstone, professor at the University of Chicago, is the founding director of the Institute for Climate and Sustainable Growth and co-founded the Climate Impact Lab. He lives in Chicago.

An inspiring case for how we still can protect the poor from climate change and reduce future emissions.

In many parts of the world, 100-degree days are already common. In the Indian subcontinent...


Advance Praise

"A phenomenal achievement, packed with new information, brimming with fresh ideas, and identifying paths forward. For a world searching for solutions, search no more. This is the best book ever written on climate change." -Cass R. Sunstein, Robert Walmsley University Professor, Harvard Law School, and author of Climate Justice

"Global justice requires the world’s richest economic actors to compensate poor countries for the climate damages they have imposed—starting with lost lives. A very powerful book, a must-read." -Thomas Piketty, coauthor of the Global Justice Report: A Plan for Equality & Prosperity Within Planetary Boundaries, author of Capital in the 21st Century

"Brilliant, bold, and urgently needed. A compelling new blueprint for saving the planet by protecting the world's poorest." -Gita Gopinath, Gregory and Ania Coffey Professor of Economics at Harvard University and former Managing Director of the IMF

"This book is just what we need now in our moment, decade, and century of climate derangement: a clear, coherent, and actionable economic plan to adjust civilization to live within the biosphere’s physical limits, while also increasing equality among humans. Written by some of the best economists of our time, this book will inspire ideas, hope, and legislation. The more readers it has the better off we will be." -Kim Stanley Robinson, author of The Ministry for the Future

"Climate change matters for everybody, but much more so for the daily lives of more than three billion people around the world who are in or near poverty. This well-researched, impassioned and readable book clearly explains the climate challenge and its human consequences, and proposes workable solutions. Essential for everybody who cares about climate change and global poverty." -Daron Acemoglu, Institute Professor of Economics at MIT, 2024 Nobel Laureate in Economics

"A brilliant proposal to transform the webs of tyranny, loss, and inequity besetting the world into the just and livable future humanity needs and deserves." -Paul Hawken, author of Carbon

"Just Economics uses data, lots of it, to understand the risk to everyone on Earth that is and will be a result of climate change. Then, they propose doing something about it. And get this, it’s optimistic! The authors are just economists, who are just trying to save the world. Read on." -Bill Nye

"In this beautifully argued book, Abhijit V. Banerjee, Esther Duflo, and Michael Greenstone show that we can better understand our past follies and also work out promising policies for the future, through clearheaded reasoning." -Amartya Sen, Thomas W. Lamont University Professor, and professor of economics and philosophy, at Harvard University

"A phenomenal achievement, packed with new information, brimming with fresh ideas, and identifying paths forward. For a world searching for solutions, search no more. This is the best book ever...


Available Editions

EDITION Hardcover
ISBN 9781324117247
PRICE $32.99 (USD)
PAGES 336

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BISAC Codes

BUS099000 BUSINESS & ECONOMICS / Environmental Economics
BUS068000 BUSINESS & ECONOMICS / Development / Economic Development
BUS072000 BUSINESS & ECONOMICS / Development / Sustainable Development
SOC042000 SOCIAL SCIENCE / Developing & Emerging Countries