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Poor Economics

Poor Economics

rethinking poverty & the ways to end it

Abhijit V Banerjee
,
Esther Duflo
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Imagine you have a few million dollars. You want to spend it on the poor. How do you go about it? Billions of government dollars, and thousands of charitable organizations and NGOs, are dedicated to helping the world’s poor. But much of their work is based on assumptions about the poor and the world that are untested generalizations at best, harmful misperceptions at worst.

Abhijit V. Banerjee and Esther Duflo have pioneered the use of randomized control trials in development economics through their award-winning Poverty Action Lab. They argue that by using randomized control trials, and more generally, by paying careful attention to the evidence, it is possible to make accurate-and often startling assessments-on what really impacts the poor and what doesn’t.

Imprint: Vintage Books

Published: May/2011

ISBN: 9788184002805

Length : 320 Pages

MRP : ₹499.00

Poor Economics

rethinking poverty & the ways to end it

Abhijit V Banerjee
,
Esther Duflo

Imagine you have a few million dollars. You want to spend it on the poor. How do you go about it? Billions of government dollars, and thousands of charitable organizations and NGOs, are dedicated to helping the world’s poor. But much of their work is based on assumptions about the poor and the world that are untested generalizations at best, harmful misperceptions at worst.

Abhijit V. Banerjee and Esther Duflo have pioneered the use of randomized control trials in development economics through their award-winning Poverty Action Lab. They argue that by using randomized control trials, and more generally, by paying careful attention to the evidence, it is possible to make accurate-and often startling assessments-on what really impacts the poor and what doesn’t.

Select Preferred Format

Abhijit V Banerjee

Abhijit Banerjee is the Ford Foundation International Professor of Economics at MIT and the author of Poor Economics. He has been named as one of Foreign Policy magazine's top 100 global thinkers and has served on the U.N. Secretary-General's panel on the Post-2015 Development Agenda.

Esther Duflo

Esther Duflo is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics at MIT and the author of Poor Economics. Duflo is a member of the American Academy of Arts and Science, and has received numerous academic honors and prizes including the Infosys Prize, the Dan David Prize, a John Bates Clark Medal, and a MacArthur "Genius Grant" Fellowship.

(More) Reasons to Read ‘Poor Economics’

The authors of the highly acclaimed 2011 book, Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty, now have another reason to celebrate! On 14th October 2019, authors Abhijit Banerjee and Esther Duflo were named as two of the three groundbreaking recipients for the 2019 Nobel Prize in Economics! Of course, that is as strong […]