In Poor Economics, the authors draw on numerous sources of information to answer small questions and create a detailed picture of the poor that can support better policy decisions. Much of the information they present comes from studying evidence about the consequences of specific interventions, as well as from data compiled on the lives of the poor in 18 countries around the world. Duflo and Banerjee provide access to this data at www.pooreconomics.com.
Poor Economics Ebook Free Download
Billions of government dollars, and thousands of charitable organizations and NGOs, are dedicated to helping the world's poor. But much of the work they do is based on assumptions that are untested generalizations at best, flat out harmful misperceptions at worst. The authors have pioneered the use of randomized control trials in development economics. Work based on these principles, supervised by the Poverty Action Lab at MIT, is being carried out in dozens of countries. Their work transforms certain presumptions: that microfinance is a cure-all, that schooling equals learning, that poverty at the level of 99 cents a day is just a more extreme version of the experience any of us have when our income falls uncomfortably low. Throughout, the authors emphasize that life for the poor is simply not like life for everyone else: it is a much more perilous adventure, denied many of the cushions and advantages that are routinely provided to the more affluent.
Regardless of who spoke, though, the Financial Times and Goldman Sachs have yet again picked a fine field of books to choose from and made a worthy choice to lead them. You can find the shortlisted titles and read excerpts from them all online at The Financial Times website. And learn more about Poor Economics and the epic amount of work surrounding it at pooreconomics.com. 2ff7e9595c
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