Poor Economics A Radical Rethinking Of The Way To Fight Global Poverty(1st Edition)
Authors:
Abhijit Banerjee, Esther Duflo
Type:Hardcover/ PaperBack / Loose Leaf
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Book details
ISBN: 1610390938, 9781610390934
Book publisher: PublicAffairs
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Book Price $0 : Poor Economics: A Radical Rethinking Of The Way To Fight Global Poverty, authored by esteemed economists Abhijit Banerjee and Esther Duflo, offers an insightful analysis into the dynamics of global poverty. Instead of prescribing conventional all-encompassing "solutions manual" for eradicating poverty, Banerjee and Duflo meticulously explore various microeconomic behaviors that perpetuate poverty. The book's "table of content" is segmented into thematic chapters, each addressing a specific aspect of poverty through field experiments and empirical data. From examining educational challenges to healthcare obstacles, the authors leverage a methodological approach known as Randomized Control Trials (RCTs), which parallels 'answer key' experiments in scientific research, to test interventions and measure impacts accurately. This data-driven paradigm shift in understanding poverty has garnered significant academic reception, embodying a blend of economics, sociology, and behavioral science. Banerjee and Duflo’s narrative is grounded on the premise that addressing poverty requires localized, scalable strategies rather than broad, sweeping policies. Their findings advocate for interventions tailored explicitly to community needs, such as deworming kits for children or targeted educational programs, which have been proven effective through RCTs. Their compelling argument against the 'one size fits all' mindset poses vital questions on policy-making, sustainability, and innovation in institutional frameworks aiming at global poverty alleviation. For anyone seeking a cheap yet comprehensive solution manual, this book provides just that.
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LS
This book offers a great balance of theory and practice, though at times it can be somewhat dense. The delivery was prompt, and it came well-packaged as usual. Overall, a solid resource for someone looking to understand the complexities of poverty and economical solutions on a global scale, but be prepared for some heavy reading.
RA
Poor Economics provides a groundbreaking perspective on global poverty. The authors break down the traditional misconceptions around economics with compelling evidence and storytelling. My subscription offered me a nice discount too, which was a bonus!
FD
This book is an eye-opener on how we can rethink our approach to global poverty. Each chapter is laden with rich, real-world examples that vividly illustrate the core concepts. I truly appreciated the authors' ability to demystify complex economic principles. Arrived quickly and in excellent condition, I highly recommend this to anyone interested in development economics.
CP
Some chapters felt repetitive, wish it was more concise.
































