For the poor, what could possibly be more important than food?

Abhijit Banerjee and Esther Duflo’s book Poor Economics continues to live up to its promise. If you’ve missed it, here’s the teaser excerpts I captured last week. I’ve been tweeting insights from the book fairly regularly (using the hashtag #banerjeeduflo). But not all insights can be packaged into 140 character tweets. So here are some …

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Teaser on Banerjee-Duflo’s Poor Economics

I cannot recall the last time I looked forward so much to reading a book on economics. But after reading the reviews of Poor Economics (by Abhijit Banerjee and Esther Duflo) and hearing from friends who’ve read it, I find myself with a hopeful anticipation. I’m including excerpts from the book’s foreword which will hopefully …

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The various connotations and implications of BOP (Bottom of Pyramid)

India has a formidable chunk of its population at the Bottom of Pyramid (BOP), the poorest socio-economic group. Ever since BoP was defined by Professors C.K. Prahalad (University of Michigan) and Stuart Hart (Cornell University), and subsequently detailed in their respective books, a slew of healthy debates have raged: Is there really ‘fortune’ at the …

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