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Poor Economics

byAbhijit Banerjee, Esther Duflo

Genres: Nonfiction Business Economics Investment Strategies Economic Crises Sustainable Economics

Who is this book for? Readers interested in economics, poverty alleviation, and social sciences.

Topics Social impactInternational aidSocial experimentsGlobal inequalityMicrofinancePovertyEconomic developmentBehavioral economicsEmpowermentCommunity developmentEconomic assistanceInternational Cooperation

MoodReflective

Why would a man in Morocco who doesn't have enough to eat buy a television? Why do the poorest people in India spend 7 percent of their food budget on sugar? Does having lots of children actually make you poorer? This eye-opening book overturns the myths about what it is like to live on very little, revealing the unexpected decisions that millions of people make every day. Looking at some of the most paradoxical aspects of life below the poverty line - why the poor need to borrow in order to save, why incentives that seem effective to us may not be for them, and why, despite being more risk-taking than high financiers, they start businesses but rarely grow them - Banerjee and Duflo offer a new understanding of the surprising way the world really works.

Language

Published on

29/03/2012

Pages

303

Format

Paperback

ISBN

9780718193669

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