Poor Economics: The Surprising Truth about Life on Less Than $1 a Day (Paperback)
  • Poor Economics: The Surprising Truth about Life on Less Than $1 a Day (Paperback)
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Poor Economics: The Surprising Truth about Life on Less Than $1 a Day (Paperback)

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£10.99
Paperback 320 Pages
Published: 29/03/2012
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Waterstones Says

In this engrossing and important read, Nobel Prize-winning economists Banerjee and Duflo explore the true nature of poverty, giving an eye-opening debunking of the myths and assumptions surrounding those who earn extremely little.

Why would a man in Morocco who doesn't have enough to eat buy a television?

Why do the poorest people in India spend 7 percent of their food budget on sugar?

Does having lots of children actually make you poorer?

This eye-opening book overturns the myths about what it is like to live on very little, revealing the unexpected decisions that millions of people make every day.

Looking at some of the most paradoxical aspects of life below the poverty line - why the poor need to borrow in order to save, why incentives that seem effective to us may not be for them, and why, despite being more risk-taking than high financiers, they start businesses but rarely grow them - Banerjee and Duflo offer a new understanding of the surprising way the world really works.

Publisher: Penguin Books Ltd
ISBN: 9780718193669
Number of pages: 320
Weight: 236 g
Dimensions: 198 x 129 x 18 mm


MEDIA REVIEWS

'Poor Economics is making waves . . . refreshingly original, wonderfully insightful . . . an entirely new perspective.' - The Guardian

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“Considered solutions to the problem of poverty”

For anyone who has read The End of Poverty by Jeffery Sachs then this is another book that you should read. The authors are both Professors at MIT, Banerjee is economics and Duflo is Poverty Alleviation.

Even though... More

Paperback edition
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“Poor Economics”

Paperback edition
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