Top Takeaways from Banerjee and Duflo’s Poor Economics

If you’ve been following this blog for sometime, you know that I consider Abhijit Banerjee and Esther Duflo’s Poor Economics as a bible of sorts — to understand poverty, understand the psyche and motivations of the extremely poor, and the power of Randomized Control Trials (RCTs) to fairly assess efficacy of anti-poverty programs. Several posts …

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Does Microcredit work for the urban poor? Banerjee and Duflo Answer

In chapter 7 of Abhijit Banerjee and Esther Duflo’s Poor Economics, they delve into the economics of lending to the poor and, among other things, proceed to answer the question “Does Microfinance work for the poor?” The answer depends on the definition of “work”. Banerjee and Duflo (B & D) found that no independent research …

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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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