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Poor Economics


Poor Economics
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Poor Economics


Poor Economics
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Author : Abhijit V. Banerjee
language : en
Publisher: PublicAffairs
Release Date : 2012-03-27

Poor Economics written by Abhijit V. Banerjee and has been published by PublicAffairs this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-27 with Business & Economics categories.


The winners of the Nobel Prize in Economics upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live. Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two award-winning MIT professors, answer these questions based on years of field research from around the world. Called "marvelous, rewarding" by the Wall Street Journal, the book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.



Poor Economics


Poor Economics
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Author : Abhijit V Banerjee
language : en
Publisher: Penguin Random House India Private Limited
Release Date : 2026-01-23

Poor Economics written by Abhijit V Banerjee and has been published by Penguin Random House India Private Limited this book supported file pdf, txt, epub, kindle and other format this book has been release on 2026-01-23 with Business & Economics categories.


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. Why would a man in Morocco who doesn’t have enough to eat buy a television? Why is it so hard for children in poor areas to learn even when they attend school? Why do the poorest people in Maharashtra spend 5 percent of their total budget on sugar? Does having lots of children actually make you poorer? Drawing on their research at the Poverty Action Lab and their fifteen years of fieldwork in India and across the world, the two economists ask many such questions and show why the poor, despite having the same desires and abilities as anyone else, end up with entirely different lives. Revelatory and impassioned, Poor Economics is a pathbreaking book that will help you to understand the real causes of poverty and how to end it.



Review Essay Poor Economics Banerjee Duflo


Review Essay Poor Economics Banerjee Duflo
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Author : Christopher King
language : en
Publisher: GRIN Verlag
Release Date : 2013-10-07

Review Essay Poor Economics Banerjee Duflo written by Christopher King and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-07 with Social Science categories.


Literature Review from the year 2013 in the subject Politics - Topic: Development Politics, grade: 1,0, Indiana University (Department of Political Science), course: Politics of International Development, language: English, abstract: “After all, we have spent billions of dollars on aid. [...] Has it done any good? And sadly, we don’t know. And worst of all, we will never know.” (Duflo 2010, 01:37) Poverty alleviation is a huge humanitarian challenge and also the supreme discipline of some economists. The effort to fight poverty had a mixed success so far and scholars claim different reasons for that outcome (cf. Besley 2012). In “Poor Economics”, Abhijit Banerjee and Esther Duflo avoid the often polemic ‘Sachs vs. Easterly’ aid debate and promise a “radical rethinking of the way to fight global poverty”: They make a convincing case about learning on the lives of the poor and the unique choices they have to face in their lives. Banerjee/Duflo understand how the poor perceive their conditions and come to the decision they make and are therefore able to craft better strategies and interventions that actually help the poor and do not produce unintended consequences. By doing that, they deliberately target the micro-level and leave out the level of politics or institutions, which is somewhat problematic, to search effective approaches in answers of the smaller questions. This essay is structured in the following way: After an introduction to the analysis (2.) and an overview of Randomized Controlled Trials (RCTs), the main method of Banerjee/Duflo (2.1), the analysis will provide an assessment of key examples of the two scholars’ research (2.2). Subsequently, an evaluation of limitations (2.3) and shortcomings (2.4) of the book will be conducted. By evaluating the approach and findings of “Poor Economics”, the essay will be able to compare it with other scholarly works (3.). A conclusion (4.) will summarize the review and end with a personal take on what has been learned through studying the book.



Poor Economics


Poor Economics
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Author : Abhijit Banerjee
language : en
Publisher: PublicAffairs
Release Date : 2012-03-27

Poor Economics written by Abhijit Banerjee and has been published by PublicAffairs this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-27 with Business & Economics categories.


Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two practical visionaries working toward ending world poverty, answer these questions from the ground. In a book the Wall Street Journal called “marvelous, rewarding,” the authors tell how the stress of living on less than 99 cents per day encourages the poor to make questionable decisions that feed—not fight—poverty. The result is a radical rethinking of the economics of poverty that offers a ringside view of the lives of the world's poorest, and shows that creating a world without poverty begins with understanding the daily decisions facing the poor.



Summary Poor Economics A Radical Rethinking Of The Way To Fight Global Poverty By Abhijit V Banerjee And Esther Duflo


Summary Poor Economics A Radical Rethinking Of The Way To Fight Global Poverty By Abhijit V Banerjee And Esther Duflo
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Author : Shortcut Edition
language : en
Publisher: Shortcut Edition
Release Date : 2021-06-11

Summary Poor Economics A Radical Rethinking Of The Way To Fight Global Poverty By Abhijit V Banerjee And Esther Duflo written by Shortcut Edition and has been published by Shortcut Edition this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-11 with Business & Economics categories.


* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. As you read this summary, you will discover that beyond the traditional anti-poverty policies that have emerged over the past decades, there is another way of looking at situations. You will also discover that : the poor have little access to information; the poor take responsibility for too many aspects of their lives; they have no access to certain markets, such as credit, or at exorbitant prices; poor countries are not doomed to failure because they are poor; when a situation begins to improve, beliefs and certainties change. Abhijit Banerjee and Esther Duflo rely on field studies with NGOs, government officials, health workers, etc., to support their work. They propose a new vision of poverty and, above all, ways of fighting it, through limited experiments and ingenious solutions proven in the field. They present not one, but models, based on the idea that it is by understanding the livelihoods of the poorest that solutions can be found to help them out of poverty. *Buy now the summary of this book for the modest price of a cup of coffee!



Poor Economics A Radical Rethinking Of The Way To Fight Global Poverty


Poor Economics A Radical Rethinking Of The Way To Fight Global Poverty
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Author :
language : en
Publisher:
Release Date : 2012

Poor Economics A Radical Rethinking Of The Way To Fight Global Poverty written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Economic assistance categories.




Good Economics For Hard Times


Good Economics For Hard Times
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Author : Abhijit V. Banerjee
language : en
Publisher: Penguin UK
Release Date : 2019-11-12

Good Economics For Hard Times written by Abhijit V. Banerjee and has been published by Penguin UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-12 with Business & Economics categories.


FROM THE WINNERS OF THE 2019 NOBEL PRIZE IN ECONOMICS 'Wonderfully refreshing . . . A must read' Thomas Piketty In this revolutionary book, prize-winning economists Abhijit V. Banerjee and Esther Duflo show how economics, when done right, can help us solve the thorniest social and political problems of our day. From immigration to inequality, slowing growth to accelerating climate change, we have the resources to address the challenges we face but we are so often blinded by ideology. Original, provocative and urgent, Good Economics for Hard Times offers the new thinking that we need. It builds on cutting-edge research in economics - and years of exploring the most effective solutions to alleviate extreme poverty - to make a persuasive case for an intelligent interventionism and a society built on compassion and respect. A much-needed antidote to polarized discourse, this book shines a light to help us appreciate and understand our precariously balanced world.



Summary


Summary
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Author : Edition Shortcut (author)
language : en
Publisher:
Release Date : 1901

Summary written by Edition Shortcut (author) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1901 with categories.




Lecture Bulletin Of The Institute Of Social Economics


Lecture Bulletin Of The Institute Of Social Economics
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Author :
language : en
Publisher:
Release Date : 1899

Lecture Bulletin Of The Institute Of Social Economics written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1899 with Economics categories.




Gunton S Magazine Of American Economics And Political Science


Gunton S Magazine Of American Economics And Political Science
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Author :
language : en
Publisher:
Release Date : 1897

Gunton S Magazine Of American Economics And Political Science written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1897 with Social sciences categories.