Poor Economics
A Radical Rethinking of the Way to Fight Global Poverty
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Narrated by:
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Brian Holsopple
About this listen
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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Most new products fail. So do most small businesses. And most of us, if we are honest, have experienced a major setback in our personal or professional lives. So what determines who will bounce back and follow up with a home run? If you want to succeed in business and in life, Megan McArdle argues in this hugely thought-provoking book, you have to learn how to harness the power of failure. McArdle has been one of our most popular business bloggers for more than a decade, covering the rise and fall of some the world' s top companies and challenging us to think differently about how we live, learn, and work.
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Good Book
- By Ray on 05-21-14
By: Megan McArdle
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The Undercover Economist
- By: Tim Harford
- Narrated by: Robert Ian Mackenzie
- Length: 10 hrs and 6 mins
- Unabridged
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Overall
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Performance
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Story
Author of the extremely popular "Dear Economist" column in Financial Times, Tim Harford reveals the economics behind everyday phenomena in this highly entertaining and informative book. Can a book about economics be fun to read? It can when Harford takes the reins, using his trademark wit to explain why it costs an arm and a leg to buy a cappuccino and why it's nearly impossible to purchase a decent used car.
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Everyone needs to know this.
- By Paul Norwood on 04-24-06
By: Tim Harford
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Equal Is Unfair
- America's Misguided Fight Against Income Inequality
- By: Don Watkins, Yaron Brook
- Narrated by: Jeff Cummings
- Length: 9 hrs and 8 mins
- Unabridged
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Overall
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Performance
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Story
We've all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we're told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage.
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While I agree with most of this book,...
- By Wayne on 12-30-16
By: Don Watkins, and others
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FairTax
- The Truth
- By: Neal Boortz, John Linder
- Narrated by: Neal Boortz
- Length: 6 hrs and 33 mins
- Unabridged
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Offering stunning new insights not covered in the original book, FairTax: The Truth debunks the negative myths and gross misrepresentations of this groundbreaking idea. The FairTax plan is simple, brilliant, and it will work - enabling you to keep all the money in your paycheck; eliminating the fraud, hassle, and waste of our current system; and revolutionizing the way America pays for itself.
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Sound, well-researched plan
- By Tim Hibbetts on 03-06-08
By: Neal Boortz, and others
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No, They Can't
- Why Government Fails - But Individuals Succeed
- By: John Stossel
- Narrated by: John Stossel
- Length: 9 hrs and 14 mins
- Unabridged
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Overall
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Performance
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Story
The government is not a neutral arbiter of truth. It never has been. It never will be. Doubt everything. John Stossel does. A self-described skeptic, he has dismantled society's sacred cows with unerring common sense. Now he debunks the most sacred of them all: our intuition and belief that government can solve our problems. In No, They Can't, the New York Times best-selling author and Fox News commentator insists that we discard that idea of the "perfect" government - left or right - and retrain our brain to look only at the facts, to rethink our lives as independent individuals - and fast.
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Great Book, Must Listen
- By dan on 04-27-12
By: John Stossel
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Losing Ground
- American Social Policy, 1950 - 1980
- By: Charles Murray
- Narrated by: Robert Morris
- Length: 9 hrs and 26 mins
- Unabridged
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Beginning in the 1950s, America entered a period of unprecedented social reform. This remarkable book demonstrates how the social programs of the 1960s and ’70s had the unintended and perverse effect of slowing and even reversing earlier progress in reducing poverty, crime, ignorance, and discrimination. Using widely understood and accepted data, it conclusively demonstrates that the amalgam of reforms from 1965 to 1970 actually made matters worse.
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A great book ruined by a terrible recording
- By Michael on 04-05-13
By: Charles Murray
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A Little History of the World
- By: E. H. Gombrich
- Narrated by: Ralph Cosham
- Length: 9 hrs and 11 mins
- Unabridged
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Overall
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Performance
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Story
E. H. Gombrich's world history, an international best seller now available in English for the first time, is a text dominated not by dates and facts but by the sweep of experience across the centuries, a guide to humanity's achievements, and an acute witness to its frailties.
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an enlightening book; very well read
- By A.B.Oxford on 06-03-06
By: E. H. Gombrich
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Success and Luck
- Good Fortune and the Myth of Meritocracy
- By: Robert H. Frank
- Narrated by: Robert H. Frank
- Length: 5 hrs and 19 mins
- Unabridged
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Overall
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Performance
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Story
How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine.
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Not what is advertised
- By Andre on 04-18-17
By: Robert H. Frank
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How Are You Going to Pay for That?
- Smart Answers to the Dumbest Question in Politics
- By: Ryan Cooper
- Narrated by: Ryan Cooper
- Length: 8 hrs and 22 mins
- Unabridged
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Overall
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Performance
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Story
How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Yay, Taxes!!!
- By Luvelway on 02-19-24
By: Ryan Cooper
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The Complacent Class
- The Self-Defeating Quest for the American Dream
- By: Tyler Cowen
- Narrated by: Walter Dixon
- Length: 7 hrs and 39 mins
- Unabridged
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Overall
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Performance
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Story
Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs. The problem, according to legendary blogger, economist, and best-selling author Tyler Cowen, is that Americans today have broken from this tradition - we're working harder than ever to avoid change.
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MUST READ
- By RJW on 05-06-17
By: Tyler Cowen
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A Bigger Prize
- How We Can Do Better Than the Competition
- By: Margaret Heffernan
- Narrated by: Margaret Heffernan
- Length: 15 hrs and 48 mins
- Unabridged
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Overall
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Performance
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Story
From the cranberry bogs of Massachusetts to the classrooms of Singapore and Finland, from tiny start-ups to global engineering firms and beloved American organizations like Ocean Spray, Eileen Fisher, Gore, and Boston Scientific, Heffernan discovers ways of living and working that foster creativity, spark innovation, reinforce our social fabric, and feel so much better than winning.
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Margaret Heffernan is brilliant!
- By Eric Willingham on 06-09-16
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audio is not The best format for a book like this
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With no graphs, the audio version is useless.
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not worth listening
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audio is not The best format for a book like this
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Everyone needs to know this.
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Dangerous / Right Wing US view
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With no graphs, the audio version is useless.
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Good with salt...
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Not really unabridged
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A Bit Repetitive
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After the Music Stopped
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Alan S. Blinder - esteemed Princeton professor, Wall Street Journal columnist, and former vice chairman of the Federal Reserve Board under Alan Greenspan - is one of our wisest and most clear-eyed economic thinkers. In After the Music Stopped, he delivers a masterful narrative of how the worst economic crisis in postwar American history happened, what the government did to fight it, and what we must do to recover from it.
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Irresponsible, corrupt, and confused book
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What listeners say about Poor Economics
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- TZB
- 11-11-20
Required reading for anyone who wants to help
Anyone interested in helping developing countries or underserved communities need to read this book. If you are interested in micro lending, there’s a section that deals with when it has and hasn’t worked and why. If you are involved in policy making, there are very practical suggestions on how to improve implementation. If you are disheartened in humanitarian work, this will give insight into why it hasn’t adjusted worked and how it can be done better. This very pragmatic approach looks at different view points from Easterly to Sachs and share the results of extensive studies to see what actually influences the decisions of the poor, why well intended policies fail, and how progress can be made without overturning an entire government regime. If you are involved in nonprofit work, a social enterprise, a government position, or just a well meaning person who wants to help where you can, read this book! It’s from an economists point of view-but told in simple terms with loads of evidence and grounded in true stories from 18 countries. It’s a great mix of theory exploration to practical suggestions.
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- khayalami ngono
- 01-09-24
Informative and insightful
The book was enlightening for someone who is both an entrepreneur and a former bureaucrat.Wish I read this book much earlier
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- Amazon Customer
- 06-28-22
Subtle and Balanced
The experimental approach to understanding poverty highlights subtleties I didn't appreciate previously. Very enriching experience. The authors don't get carried away to jump to a conclusion quickly, so you might have to be patient with that.
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- A SAMPLE
- 09-30-22
Economic that work action for positive change for all
Michael, audible concierge, recommended this book time. It is awesome. It talks of statistically test, sampling and most of using decoys to check of promises are kept by Government or NGO. It recommended the policy makers to ask the population they serve instead assuming what they need but ask first. Policy before politics. Statistically prove the needs before policy and politics. The economic discussions were not panacea but tested actions which government expected to work without asking the population. He talked about the entrepreneurship of the poor and how it successes or fails. I plan to read this book again and use it as reference for a social venture. A MUST READ FOR ANYONE IN SOCIETY who have the helping heart.
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- Grams
- 05-06-12
Packed with surprising results
Research-based insights that will surprise most of us. Must-read for the socially conscious. This book is packed with experimental-quality data and conclusions that gives us all the opportunity to help reduce poverty with initiatives that actually work.
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5 people found this helpful
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- Richard Lee
- 09-05-20
A brief but informative review of the poor in the third world
The studies presented in the book might be novel for westerners, which is why they are important. Policy making is not about sitting in an office and having seminars in English. It’s more about doing field research and social experiments on the ground.
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- D. J. Schultz
- 11-23-23
Finally! An unbiased research based analysis
A straight forward and research based analysis of the problem of extreme poverty in the developing world. It is so refreshing to find clean data and solid research rather than the terribly biased ultra progressive/politically motivated pseudo-research that is the basis for much of the money thrown at the problem of extreme poverty. Using the authors suggestions would not necessarily in cheaper solutions to the problem, but would definitely lead to faster meaningful improvements to extreme poverty. I would like to see the authors produce a work like this focused on the lesser poverty existing in developed nations.
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- Jeremy
- 02-21-16
Intelligent, often counter-intuitive and leaves more questions than answers
Challenging book, certainly no easy answers to take away. A bit dry in parts - requires your concentration - but the research findings are quite astonishing at times.
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.
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- Dudeforeal
- 12-08-18
Wonderful Experience
Amazing author and the perfect man to read it. I would recommend it to anyone who is interested in learning about the world outside of our comfort zone.
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- Gustavo
- 09-20-20
Datos que reemplazan la intuición
Muy buen libro, basado en estudios estadísticos que nos llevan a reformular el conocimiento que tenemos sobre cómo y porqué toma las decisiones que toma la gente menos favorecida económicamente.
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