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Poor Economics

Poor Economics

A Radical Rethinking of the Way to Fight Global Poverty

The winners of the Nobel Prize in Economics upend the most common assumptions about how economics works in this gripping and disruptive portrait of how poor people actually live.


Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two award-winning MIT professors, answer these questions based on years of field research from around the world. Called “marvelous, rewarding” by the Wall Street Journal, the book offers a radical rethinking of the economics of poverty and an intimate view of life on 99 cents a day. Poor Economics shows that creating a world without poverty begins with understanding the daily decisions facing the poor.

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Genre: Nonfiction / Business & Economics / Development / Economic Development

On Sale: March 27th 2012

Price: $17.99 / $23.5 (CAD)

Page Count: 320

ISBN-13: 9781610390934

What's Inside

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Winner of the Financial Times/ Goldman Sachs Best Business Book of the Year

"Marvelous, rewarding... the sheer detail and warm sympathy on display reflects a true appreciation of the challenges their subjects face. They have fought to establish a beachhead of honesty and rigor about evidence, evaluation and complexity in an aid world that would prefer to stick to glossy brochures and celebrity photo-ops. For this they deserve to be congratulated--and to be read."—The Wall Street Journal

"Fascinating and captivating. Their work reads like a version of Freakonomics for the poor. There are insights into fighting global poverty from the remarkable and vital perspective of those whom we profess to serve. They remind us, I think, of our shared humanity and how at some fundamental levels we really do think alike."—Fast Company

"To cut to the chase: this is the

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