330:"Abhijit Banerjee and Esther Duflo are allergic to grand generalizations about the secret of economic development. Instead they appeal to many local observations and experiments to explore how poor people in poor countries actually cope with their poverty: what they know, what they seem (or don't seem) to want, what they expect of themselves and others, and how they make the choices that they can make. Apparently there are plenty of small but meaningful victories to be won, some through private and some through public action, that together could add up to a large gains for the world's poor, and might even start a ball rolling. I was fascinated and convinced."
195:
savings, entrepreneurship, and a variety of other issues. They advocate the use of observation, using rigorous randomized controlled testing on five continents, and most importantly by actually listening to what the poor have to say. Often the answers are startling and counter-intuitive, but make the utmost sense when circumstances are understood. In addition, the universal traps of
Ignorance, Ideology, and Inertia often stymie policies and institutions, but may be avoided.
415:"is contextualised with stories of the realities of lives of the poor, with evidence adduced to support or dismiss particular policy proposals. All of the chapters are interesting and challenging...I favour much of their general approach. Experts, I agree, should have to "step out of the office" and get their boots muddy. I'm also in favour of "relying on evidence", and of being judicious, even cautious, with big ideas."
347:" offer a refreshingly original take on development, and they are very aware of how they are bringing an entirely new perspective into a subject dominated by big polemics from the likes of Jeffrey Sachs and William Easterly... they are clearly very clever economists and are doing a grand job to enrich their discipline's grasp of complex issues of poverty – so often misunderstood by people who have never been poor."
437:
conviction that technology, through the analysis of data using randomised trials, makes it possible to do so. Its technocratic premises, its naïve view of politics and society, and its unselfconscious do-goodism make for a self-affirming picture of the world.11 It is unfortunate that it does so little to explain it.
194:
lays out a middle ground between purely market-based solutions to global poverty, versus "grand development plans." It rejects broad generalizations and formulaic thinking. Instead, the authors help to understand how the poor really think and make decisions on such matters as education, healthcare,
198:
From this empirical approach, the authors believe that the best strategies for eradicating poverty can emerge. However, they resist laying out a broad set of conclusions. Instead they draw some simple yet powerful lessons, and believe that small changes can have big effects. The authors conclude on
436:
has enjoyed as much circulation as it has, in particular among metropolitan development policy-making elites, although increasingly also elsewhere. It appeals to powerful but flawed metropolitan predispositions: a desire to "fix" things with simpleminded mono-causal reasoning, allied with the
394:
are marked by their deep appreciation of the precariousness that colors the lives of poor people as they tiptoe along the margin of survival. But I would give an edge to Mr. Banerjee and Ms. Duflo in this area—the sheer detail and warm sympathy on display reflects a true appreciation of the
395:
challenges their subjects face... They have fought to establish a beachhead of honesty and rigor about evidence, evaluation and complexity in an aid world that would prefer to stick to glossy brochures and celebrity photo-ops. For this they deserve to be congratulated—and to be read."
33:
908:"Duflo and Banerjee take the guesswork out of policies that help the poor: There is much to praise in Esther Duflo and Abhijit Banerjee's book that suggests new ways to fight global poverty. But their lack of understanding of how power works is a glaring omission"
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364:"Randomized trials are the hottest thing in the fight against poverty, and two excellent new books have just come out by leaders in the field. One is
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368:, by Abhijit Banerjee and Esther Duflo... These terrific books move the debate to the crucial question: What kind of aid works best?"
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Foreign Policy presents a unique portrait of 2010's global marketplace of ideas and the thinkers who make them.
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Foreign Policy presents a unique portrait of 2011's global marketplace of ideas and the thinkers who make them.
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was more critical of the authors approach than many others. He concludes by arguing as follows:
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One can think of at least three interpretations of the title, not all favourable to the authors.
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Big
Questions and Poor Economics: Banerjee and Duflo on Schooling in Developing Countries
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Reddy, S. G. (2012). Randomise this! On poor economics. Review of
Agrarian Studies, 2(2)
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288:(J-PAL). Duflo has received numerous academic honors and prizes, including the
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It is, perhaps, not too difficult to understand why the prescription of
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laureates. The book reports on the effectiveness of solutions to global
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Poor
Economics: A Radical Rethinking of the Way to Fight Global Poverty
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Poor
Economics: A Radical Rethinking of the Way to Fight Global Poverty
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in his 2012 article "Randomise this! On poor economics" in the journal
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Poor
Economics: A Radical Rethinking of the Way to Fight Global Poverty
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747:. Royal Swedish Academy of Sciences: Nobel prize. 14 October 2019
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Financial Times and
Goldman Sachs Business Book of the Year Award
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Financial Times and
Goldman Sachs Business Book of the Year Award
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32:
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258:'s Top 100 Global Thinkers in 2011. In 2019, he shared the
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the optimistic note that we are all part of the solution.
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2011 non-fiction book by
Abhijit Banerjee and Esther Duflo
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Poor
Economics: Rethinking Poverty And The Ways To End It
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He also includes a footnote with the attempt at humour
25:
A Radical Rethinking of the Way to Fight Global Poverty
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Sanjay G. Reddy, "Randomise this! On poor economics",
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The General Theory of Employment, Interest and Money
402:reviewed the parts of the book about education for
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734:
617:. American Academy of Arts and Sciences. p. 6
1002:Econ Journal Watch 9(3): 170-185, September 2012"
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1063:
1114:Misbehaving: The Making of Behavioral Economics
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665:. The John Simon Guggenheim Memorial Foundation
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968:"Measuring How and Why Aid Works—or Doesn't"
677:
582:
573:"‘Poor Economics’ takes business book prize"
314:The two authors married each other in 2015.
769:. The Abdul Latif Jameel Poverty Action Lab
612:"Academy Members (1780-present), Chapter B"
592:. The Abdul Latif Jameel Poverty Action Lab
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639:. The Econometric Society. Archived from
290:Nobel Memorial Prize in Economic Sciences
284:at MIT and a founder and director of the
260:Nobel Memorial Prize in Economic Sciences
166:Nobel Memorial Prize in Economic Sciences
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891:Poor Economics | What others are saying
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276:is the Abdul Latif Jameel Professor of
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300:(2009). She has also been featured in
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742:"The Prize in Economic Sciences 2019"
286:Abdul Latif Jameel Poverty Action Lab
242:. He has also received the inaugural
232:American Academy of Arts and Sciences
228:Abdul Latif Jameel Poverty Action Lab
162:Massachusetts Institute of Technology
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637:"Fellows of the Econometric Society"
476:, Random House India (25 May 2011).
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501:Electronic and paperback editions.
490:, PublicAffairs (April 26, 2011).
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811:"Meet the 2009 MacArthur Fellows"
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685:"Laureates – Infosys Prize 2009"
1286:Collaborative non-fiction books
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839:. December 2010. Archived from
791:. American Economic Association
307:s Top 100 Global Thinkers and
230:(J-PAL). He is a fellow of the
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512:
1:
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1124:Books on economic philosophy
1064:Economics and business books
710:"The FP Top Global Thinkers"
687:. Infosys Science Foundation
498:– Foreign edition hardcover.
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425:Review of Agrarian Studies
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177:randomized control trial
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1107:Thinking, Fast and Slow
1092:psychology and thinking
1276:2011 non-fiction books
1153:Development as Freedom
938:"Getting Smart on Aid"
813:. MacArthur Foundation
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372:Development economist
354:reviewed the book for
337:reviewed the book for
294:John Bates Clark Medal
1132:The Wealth of Nations
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282:Development Economics
226:and a founder of the
156:, both professors of
1070:Books on innovation
298:MacArthur Fellowship
1291:PublicAffairs books
1281:Books about poverty
1215:Abhijit V. Banerjee
1180:The Road to Serfdom
973:Wall Street Journal
893:Accessed 2015-12-24
843:on 10 February 2012
643:on 10 December 2008
379:Wall Street Journal
309:Fortune 40 under 40
278:Poverty Alleviation
236:Econometric Society
208:Abhijit V. Banerjee
150:Abhijit V. Banerjee
44:Abhijit V. Banerjee
27:
1030:, official website
904:Bunting, Madeleine
590:"Abhijit Banerjee"
405:Econ Journal Watch
357:The New York Times
19:
1263:
1262:
1255:Richard H. Thaler
1173:Rich Dad Poor Dad
1163:Books on economic
1090:Books on economic
964:Easterly, William
934:Kristof, Nicholas
549:economics.mit.edu
524:economics.mit.edu
496:978-1-58648-798-0
482:978-81-8400-181-5
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240:Guggenheim Fellow
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