Description
Discover 'Poor Economics' – a groundbreaking exploration into the lives of the world's poorest populations, authored by esteemed economists Abhijit Banerjee and Esther Duflo. This transformative book dives into the paradoxes of poverty, providing insightful answers to pressing questions like: Why do individuals in Morocco with limited resources invest in televisions? What drives impoverished families in India to allocate a significant portion of their food budget to sugar? With its compelling narrative and research-backed insights, 'Poor Economics' challenges common misconceptions about living in poverty, revealing that the poor often make seemingly illogical choices that have logical underpinnings.
Awarded the prestigious FT Goldman Sachs Business Book of the Year in 2011, this 320-page paperback from Penguin UK encourages readers to rethink how they understand economic choices and behaviors among low-income communities. The authors dissect critical issues such as the paradox of saving versus borrowing, the effectiveness of incentives from the perspective of the poor, and the entrepreneurial spirit prevalent among those who have little but aspire for more. This essential read is perfect for students, policymakers, and anyone interested in poverty alleviation, economic theory, and social justice. Equip yourself with the knowledge to understand poverty through an informed lens, making 'Poor Economics' a must-have for advocates and educators alike.
Awarded the prestigious FT Goldman Sachs Business Book of the Year in 2011, this 320-page paperback from Penguin UK encourages readers to rethink how they understand economic choices and behaviors among low-income communities. The authors dissect critical issues such as the paradox of saving versus borrowing, the effectiveness of incentives from the perspective of the poor, and the entrepreneurial spirit prevalent among those who have little but aspire for more. This essential read is perfect for students, policymakers, and anyone interested in poverty alleviation, economic theory, and social justice. Equip yourself with the knowledge to understand poverty through an informed lens, making 'Poor Economics' a must-have for advocates and educators alike.