Name: Poor Economics
ISBN: 9780718193669

Abhijit V. Banerjee

Esther Duflo

From the award-winning founders of the Abdul Latif Jameel Poverty Action Lab at MIT, a transformative reappraisal of the world of the extreme poor, their lives, desires, and frustrations.

Barefoot Hedge-fund Managers, DIY Doctors and the Surprising Truth about Life on Less Than 1 Dollar a Day

Poor Economics

akshita

Talking about the problems of the world without talking about some accessible solutions is the way to paralysis rather than progress.

Jason Lo

Ed Macovaz

Abhijit Banerjee

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 Barefoot Hedge-fund Managers, DIY Doctors and the Surprising Truth about Life on Less Than 1 Dollar a Day