Poor Economics

  • by Abhijit V. Banerjee, Esther Duflo
  • Narrated by Brian Holsopple
  • 11 hrs and 29 mins
  • Unabridged Audiobook

Publisher's Summary

Billions of government dollars, and thousands of charitable organizations and NGOs, are dedicated to helping the world's poor. But much of their work is based on assumptions that are untested generalizations at best, harmful misperceptions at worst.
Abhijit Banerjee and Esther Duflo have pioneered the use of randomized control trials in development economics. Work based on these principles, supervised by the Poverty Action Lab, is being carried out in dozens of countries. Drawing on this and their 15 years of research from Chile to India, Kenya to Indonesia, they have identified wholly new aspects of the behavior of poor people, their needs, and the way that aid or financial investment can affect their lives. Their work defies 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.
This important book illuminates how the poor live, and offers all of us an opportunity to think of a world beyond poverty.
PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.

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What the Critics Say

"Reads like a version of Freakonomics for the poor." (Fast Company)
"A must... for anyone who cares about world poverty. Poor Economics represents the best that economics has to offer." (Steven D. Levitt, author of Freakonomics)
"A marvelously insightful book by two outstanding researchers on the real nature of poverty." (Amartya Sen, winner of the Nobel Prize for Economics)

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Customer Reviews

Most Helpful

fascinating read

This book presents some amazing stories and statistics in an easy to understand format. Each chapter is a different topic and keeps you interested, makes it easy to dip in and out of. Some fascinating theories that I've not heard or read elsewhere. A must read!
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- Steve

Good and very interesting

It was welll thought out and interesting. If concentrated on India too much. All good.
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- Mr. T. P. Bedingfield

Book Details

  • Release Date: 03-01-2012
  • Publisher: HighBridge, a division of Recorded Books