Poor Economics

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A groundbreaking book that shifts how we understand global poverty by looking at the real, everyday decisions made by impoverished communities.

Author Name	Abhijit V. Banerjee and Esther Duflo
ISBN	9788184002805
Year of Publication	2019
Pages	464
Language	English
Binding	Paperback
Publisher	Penguin

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Details

ISBN: 9788184002805
Year Of Publication: 2019
Pages : 464
Language : English
Binding : Paperback
Publisher: Penguin

Overveiw

The book steps away from grand political theories to focus on micro-level economic behavior. It evaluates choices related to healthcare, nutrition, education, microfinance, and entrepreneurship to show that small, evidence-backed steps often yield massive improvements.

Meet the Author

Abhijit V. Banerjee: Ford Foundation International Professor of Economics at MIT and co-founder of J-PAL.
Esther Duflo: Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics at MIT.

Book Summary

Poor Economics concludes that the poor face unique structural hurdles like limited access to information and imperfect markets rather than a lack of rationality. By breaking down poverty into smaller challenges, the authors demonstrate that targeted, practical interventions can create sustainable pathways out of poverty.

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