
Poor Economics
A Radical Rethinking of the Way to Fight Global Poverty
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Narrated by:
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Brian Holsopple
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 that are untested generalizations at best, harmful misperceptions at worst.
Abhijit Banerjee and Esther Duflo have pioneered the use of randomized control trials in development economics. Work based on these principles, supervised by the Poverty Action Lab, is being carried out in dozens of countries. Drawing on this and their 15 years of research from Chile to India, Kenya to Indonesia, they have identified wholly new aspects of the behavior of poor people, their needs, and the way that aid or financial investment can affect their lives. Their work defies certain presumptions: that microfinance is a cure-all, that schooling equals learning, that poverty at the level of 99 cents a day is just a more extreme version of the experience any of us have when our income falls uncomfortably low.
This important book illuminates how the poor live, and offers all of us an opportunity to think of a world beyond poverty.
Download the accompanying reference guide.©2011 Abhijit V. Banerjee and Esther Duflo. (P)2011 HighBridge CompanyListeners also enjoyed...




















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Informative and insightful
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Required reading for anyone who wants to help
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Great reshaping of how to view economics from a bottom-up perspective
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Subtle and Balanced
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Economic that work action for positive change for all
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One thing that their research needs to cover is how to deal with limited pie that poor has to share. For example, deworming a child will help them gain 20% more income BUT if all kids are dewormed, all of them will NOT have a 20% jump in income.
Amazing story line to explain ideas
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If you're looking for a simple ideology on poverty and aid, look somewhere else. If you're willing to dig in and navigate your way through the nuances then this might be for you.
Intelligent, often counter-intuitive and leaves more questions than answers
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Wonderful Experience
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Datos que reemplazan la intuición
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Insight to the Poor
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