Financial Times and Goldman Sachs Business Book of the Year Award Announced
November 9, 2011
The Financial Times and Goldman Sachs Business Book of the Year Award honors a book providing the most compelling and enjoyable insight into modern business issues. This year’s winner is Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty by Abhijit V. Banerjee and Esther Duflo (PublicAffairs). The authors take home £30,000 (about $48,000) with this honor.
Lionel Barber, Financial Times editor and chair of the judges said he had been “blown away by the thoroughness of [Banerjee and Duflo's] empirical research. This is going to be a real basis for innovation in policy, innovation in government, and a guide to intellectual debate. This is a business book in the broadest sense.”
Click here to watch an interview with author Abhijit Banerjee.
The other shortlisted books are:
Exorbitant Privilege by Barry Eichengreen;
Good Strategy/Bad Strategy by Richard Rumelt;
The Quest by Daniel Yergin;
Triumph of the City by Edward Glaeser; and
Wilful Blindess by Margaret Heffernan.
The five shortlisted books each receive £10,000.