Poor Economics: Uncovering the True Causes of Poverty and Effective Solutions

Poor Economics: Rethinking Poverty

Attributes:

Groundbreaking analysis of poverty and its causes
Practical solutions based on rigorous research
Written by Nobel Prize-winning economist Abhijit Banerjee and Esther Duflo

Short Description:

“Poor Economics” challenges conventional wisdom about poverty and offers a fresh perspective based on extensive field research. It explores the complex factors that perpetuate poverty and provides evidence-based solutions to address them.

Product Categories:

Analysis & Strategy
* Economics Books

Narrative:

In the labyrinthine world of poverty, conventional wisdom often fails to illuminate the true nature of the problem. “Poor Economics” shatters these misconceptions, offering a transformative lens through which we can understand and address the scourge of poverty.

Through meticulous field experiments, Abhijit Banerjee and Esther Duflo have uncovered the hidden mechanisms that trap people in poverty. They challenge the notion that the poor are lazy or irrational, revealing instead the systemic barriers that prevent them from escaping their circumstances.

“Poor Economics” provides a wealth of practical solutions that have been proven effective in reducing poverty. From microfinance programs that empower women to conditional cash transfers that incentivize education, the book offers a roadmap for policymakers and practitioners alike.

Its rigorous analysis and evidence-based approach have earned “Poor Economics” widespread acclaim. It has been translated into over 30 languages and has become a must-read for anyone seeking to understand and combat poverty.

By rethinking poverty, “Poor Economics” empowers us to create a more just and equitable world. It is a beacon of hope, illuminating the path towards a future where poverty is no longer an insurmountable barrier.