Poor economics: A review

Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty by Abhijit Banerjee & Esther Duflo is a book for people who give a thought about the socio-economic condition of the world, irrespective of countries. The vast economic difference between the elite rich section of the society and the rising poverty in the world is alarming. And here in this book the couple has put lots of insight and humanity into this grave issue.

Abhijit V. Banerjee and his wife Esther Duflo has pioneered the use of randomized control trials (RCTs) in development economics through their award-winning poverty action lab which essentially gave them 2019 Nobel Prize in Economics. Their research shows the origin and nature of the poverty and also guiding the leaders how to proceed to eliminate the nuisance of it.

The food shortage in the world leads to a tragic children death of almost 9 million before they celebrate their fifth birthdays. And this line itself raise concern, so in this book the authors have pen down gracefully how to impact on poverty and how to eradicate it.

It’s a path breaking economic book which will help us to understand the gravity of the situation and how to end it.

 

Book Details:

Author: Abhijit Banerjee, Esther Duflo
Publisher: Penguin Random House Publishing year: 2018
ISBN-13: 9788184002805 ISBN-10: 8184002807
Cover: Paperback Pages: 464
MRP: Rs. 499 Buy From www.spectrashop.in
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