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1. Poor Economics: rethinking poverty and the ways to end it.

by Banerjee, Abhijit V; Duflo, Esther.

Material type: book Book; Format: print ; Literary form: not fiction Publisher: India: Penguin Books, c2011Dissertation note: Poor Economics lays out a middle ground between purely market-based solutions to global poverty, versus "grand development plans." It rejects broad generalizations and formulaic thinking. Instead, the authors help to understand how the poor really think and make decisions on such matters as education, healthcare, savings, entrepreneurship, and a variety of other issues. They advocate the use of observation, using rigorous randomized controlled testing on five continents, and most importantly by actually listening to what the poor have to say. Often the answers are startling and counter-intuitive, but make the utmost sense when circumstances are understood. In addition, the universal traps of Ignorance, Ideology, and Inertia often stymie policies and institutions, but may be avoided. From this empirical approach, the authors believe that the best strategies for eradicating poverty can emerge. However, they resist laying out a broad set of conclusions. Instead they draw some simple yet powerful lessons, and believe that small changes can have big effects. The authors conclude on the optimistic note that we are all part of the solution. Availability: Items available for loan: Central Library, RBU. [339.46091724 B215(D)] (2).

2. Good economics for hard times : better answers to our biggest problem.

by Banerjee, Abhijit V; Duflo, Esther.

Material type: book Book; Format: print ; Literary form: not fiction Publisher: New Delhi: Juggernaut, ©2019Dissertation note: Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world .The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge. Availability: Items available for loan: Central Library, RBU. [330.9 B215] (2).

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