Unconditional transfers approaching primetime

Since I first read about unconditional transfers (in Banerjee and Duflo’s Poverty Economics book), I’ve been fascinated about this seemingly this-cant-possibly-work approach to foreign aid. Later I discovered GiveDirectly, a nonprofit organization operating in East Africa that helps families living in extreme poverty by making unconditional cash transfers to them via mobile phone. Last week …

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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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