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Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty
     

Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty

4.8 9
by Abhijit Banerjee, Esther Duflo
 

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ISBN-10: 1610390938

ISBN-13: 9781610390934

Pub. Date: 03/27/2012

Publisher: PublicAffairs


Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two practical visionaries working toward ending world poverty, answer these questions from the ground. In a book the Wall Street Journal called “marvelous,

Overview


Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two practical visionaries working toward ending world poverty, answer these questions from the ground. In a book the Wall Street Journal called “marvelous, rewarding,” the authors tell how the stress of living on less than 99 cents per day encourages the poor to make questionable decisions that feed—not fight—poverty. The result is a radical rethinking of the economics of poverty that offers a ringside view of the lives of the world's poorest, and shows that creating a world without poverty begins with understanding the daily decisions facing the poor.

Product Details

ISBN-13:
9781610390934
Publisher:
PublicAffairs
Publication date:
03/27/2012
Pages:
320
Sales rank:
63,924
Product dimensions:
5.50(w) x 8.20(h) x 1.00(d)

Table of Contents

Foreword vii

1 Think Again, Again 1

Part I Private Lives

2 A Billion Hungry People? 19

3 Low-Hanging Fruit for Better (Global) Health? 41

4 Top of the Class 71

5 PakSudarno's Big Family 103

Part II Institutions

6 Barefoot Hedge-Fund Managers 133

7 The Men from Kabul and the Eunuchs of India: The (Not So) Simple Economics of Lending to the Poor 157

8 Saving Brick by Brick 183

9 Reluctant Entrepreneurs 205

10 Policies, Politics 235

In Place of a Sweeping Conclusion 267

Acknowledgments 275

Notes 277

Index 295

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Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty 4.8 out of 5 based on 0 ratings. 9 reviews.
Anonymous More than 1 year ago
There isn't a single line of filler in this book. Intuitively -organized and well-written, all the information and alalysis in here is extremely interesting and clear even to those not familiar with economics or international development. The vast majority of studies cited in this book are not only cited but linked, making this a must for those who want to specifics, methodologies and figures beyond the more-than-adequate amount provided here.
RolfDobelli More than 1 year ago
After decades of effort, billions of dollars, thousands of aid workers and hundreds of antipoverty programs, 865 million people still barely survive on the equivalent of less than a dollar a day. But that can change, one small clinic, one incentive and one schoolroom at a time according to this eye-opening work – The Financial Times/Goldman Sachs’ business book of the year for 2011. Authors and MIT economic researchers Abhijit V. Banerjee and Esther Duflo report field-tested experiments showing that lifting the world’s poor into a more comfortable, productive life is possible, mostly with relatively simple changes, not masses of money. They call for understanding the human behaviors and motivations that drive all people, rich and poor alike, and apply that understanding to solving the seemingly overwhelming, intractable problem of global poverty. getAbstract strongly recommends this highly accessible yet scientific account of how to make life better for millions of people, while enabling the poor to contribute to the world’s economic and social progress.
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keshiekay More than 1 year ago
I bought Poor Economics on a whim and it turned out to be a thought-provoking, balanced argument. It makes economics personally and morally relevant.
Wife More than 1 year ago
Economics put economic theory to the test wuth scientific randomized trials. Some surprising outcomes. A hopeful book.