Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty - Esther Duflo, Abhijit V. Banerjee
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Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty

by ,
Language
English
Published in
Publisher
PublicAffairs
ISBN
9781610390408
In Poor Economics, Nobel laureates Abhijit V. Banerjee and Esther Duflo offer a radical re-evaluation of the global fight against poverty. They challenge conventional wisdom by delving into the daily economic lives of the world's poorest, revealing the complex choices and surprising rationality behind decisions that often appear counterintuitive from an outside perspective. Drawing on years of rigorous field research and hundreds of randomized controlled trials across five continents, Banerjee and Duflo provide an evidence-based understanding of issues ranging from health and education to savings and entrepreneurship.

This book moves beyond broad theories and ideological assumptions, presenting a detailed, on-the-ground perspective that illuminates why many past anti-poverty policies have fallen short. It explores questions such as why individuals may borrow to save, miss out on free life-saving immunizations while paying for ineffective drugs, or struggle with education despite attending school. Poor Economics offers a new framework for understanding poverty and suggests practical, impactful solutions that prioritize empirical evidence and the lived experiences of those it aims to help.

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Original language
English
Original publisher PublicAffairs

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