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Cover of Poor Economics
Psychology · 20 min

Poor Economics

By Abhijit V. Banerjee and Esther Duflo

Challenging conventional wisdom, this episode unpacks 'Poor Economics' to reveal poverty not as a simple lack, but as a complex system of rational choices made under extreme constraint. We explore how micro-decisions, behavioral nudges, and respect for agency offer more effective, dignified solutions than broad, top-down approaches.

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Category
Psychology
Duration
20 min
An excerpt

“Challenging conventional wisdom, this episode unpacks 'Poor Economics' to reveal poverty not as a simple lack, but as a complex system of rational choices made under extreme constraint. We explore how micro-decisions, behavioral nudges, and respect for agency offer more effective, dignified solutions than broad, top-down approaches.”

— Abhijit V. Banerjee and Esther Duflo, Poor Economics

What it is about

poverty, development economics, behavioral economics

Who it is for

Best suited to listeners who want a clearer working understanding of poverty, development economics, behavioral economics and better judgment in how they apply it.

The author

Abhijit V. Banerjee and Esther Duflo brings a credible and useful lens to poverty, development economics, behavioral economics, with enough subject command to make the book worth hearing.

About the author

Abhijit V. Banerjee and Esther Duflo

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