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Poor Economics: The Surprising Truth about Life on Less Than $1 a Day

Description:

FULLY UPDATED EDITION WITH TWO NEW CHAPTERS


From the winners of the 2019 Nobel Prize in Economics


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.


Winner of the FT Goldman Sachs Business Book of the Year Award 2011

'Refreshingly original, wonderfully insightful . . . an entirely new perspective' Guardian

Review

To cut to the chase: this is the best book about the lives of the poor that I have read for a very, very long time ― Economist

A
page-turner about the micro-economics of aid policy might not sound too probable, but that's what [Banerjee and Duflo] have written, and it is a truly remarkable book . . . unmistakably contemporary, written beautifully ― Guardian

It is the
rich and humane portrayal of the lives of the very poor that most impresses. [The authors] show how those in poverty make sophisticated calculations in the grimmest of circumstances … Books such as these offer a better path forward ― Financial Times

Overturns many received ideas about what it's like to be poor -- Hari Kunzru ― Observer

A
compelling and important read … an honest and readable account about the poor that stands a chance of actually yielding results ― Forbes

Marvellous, rewarding … the sheer detail and warm sympathy on display reflects a true appreciation of the challenges their subjects face ― Wall Street Journal

A
remarkable work: incisive, scientific, compelling and very accessible, a must-read ― Financial World

Banerjee and Duflo assemble a
fascinating assortment of interventions from across the globe in their book … It is engaging and informative ― Business World (India)

A
marvellously insightful book by two outstanding researchers on the real nature of poverty -- Amartya Sen

It has been years since I read a book that taught me so much -- Steven D. Levitt

About the Author

Abhijit V. Banerjee (Author)
Abhijit Banerjee,winner of the 2019 Nobel Prize in Economics, is the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology, and a co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). In 2011, he was named one of Foreign Policy magazine’s top 100 global thinkers. Banerjee served on the U.N. Secretary-General’s High-level Panel of Eminent Persons on the Post-2015 Development Agenda.

Esther Duflo (Author)
Esther Duflo,winner of the 2019 Nobel Prize in Economics, is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at the Massachusetts Institute of Technology and a co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). Duflo is a member of the American Academy of Arts and Science, and has received numerous academic honors and prizes including the Princess of Asturias Award for Social Sciences (2015), the Infosys Prize (2014), the Dan David Prize (2013), a John Bates Clark Medal (2010), and a MacArthur “Genius Grant” Fellowship (2009).

Details:

Poor Economics: The Surprising Truth about Life on Less Than $1 a Day

Product ID: K1837312400
Condition: New

BHD1178

Price includes VAT & Import Duties
Type: Paperback
Availability: In Stock

Quantity:

|

Order today to get by 7-14 business days

Delivery fee of BHD 2. Free for orders above BHD 20.

Returns & Warranty policies

Imported From: United Kingdom

At BOLO, we work hard to ensure the products you receive are new, genuine, and sourced from reputable suppliers.

Every product in the BOLO catalogue is sourced through our Verified Global Supply Network of verified sellers, authorized distributors or directly from the manufacturer.

Each product undergoes thorough inspection and verification at our consolidation and fulfilment centers to ensure it meets our strict authenticity and quality standards before being shipped and delivered to you.

If you ever have concerns regarding the authenticity of a product purchased from us, please contact Bolo Support. We will review your inquiry promptly and, if necessary, provide documentation verifying authenticity or offer a suitable resolution.

Your trust is our top priority, and we are committed to maintaining transparency and integrity in every transaction.

While we strive to display accurate information, variations in packaging, labeling, instructions, or formulation may occasionally occur due to regional differences or supplier updates. For detailed or manufacturer-specific information, please contact the brand directly or reach out to BOLO Support for assistance.

Unless otherwise stated, all prices displayed on the product page include applicable taxes and import duties.

BOLO operates in accordance with the laws and regulations of Bahrain. Any items found to be restricted or prohibited for sale within the Bahrain will be cancelled prior to shipment. We take proactive measures to ensure that only products permitted for sale in Bahrain are listed on our website.

All items are shipped by air, and any products classified as “Dangerous Goods (DG)” under IATA regulations will be removed from the order and cancelled.

All orders are processed manually, and we make every effort to process them promptly once confirmed. Products cancelled due to the above reasons will be permanently removed from listings across the website.

More from this brand

Similar items from “Development”

Poor Economics: The Surprising Truth about Life on Less Than $1 a Day

Product ID: K1837312400
Condition: New
Poor Economics: The Surprising Truth about Life on Less Than $1 a Day-0
Type: Paperback

BHD1178

Price includes VAT & Import Duties
Availability: In Stock

Quantity:

|

Order today to get by 7-14 business days

Delivery fee of BHD 2. Free for orders above BHD 20.

Returns & Warranty policies

Imported From: United Kingdom

At BOLO, we work hard to ensure the products you receive are new, genuine, and sourced from reputable suppliers.

Every product in the BOLO catalogue is sourced through our Verified Global Supply Network of verified sellers, authorized distributors or directly from the manufacturer.

Each product undergoes thorough inspection and verification at our consolidation and fulfilment centers to ensure it meets our strict authenticity and quality standards before being shipped and delivered to you.

If you ever have concerns regarding the authenticity of a product purchased from us, please contact Bolo Support. We will review your inquiry promptly and, if necessary, provide documentation verifying authenticity or offer a suitable resolution.

Your trust is our top priority, and we are committed to maintaining transparency and integrity in every transaction.

While we strive to display accurate information, variations in packaging, labeling, instructions, or formulation may occasionally occur due to regional differences or supplier updates. For detailed or manufacturer-specific information, please contact the brand directly or reach out to BOLO Support for assistance.

Unless otherwise stated, all prices displayed on the product page include applicable taxes and import duties.

BOLO operates in accordance with the laws and regulations of Bahrain. Any items found to be restricted or prohibited for sale within the Bahrain will be cancelled prior to shipment. We take proactive measures to ensure that only products permitted for sale in Bahrain are listed on our website.

All items are shipped by air, and any products classified as “Dangerous Goods (DG)” under IATA regulations will be removed from the order and cancelled.

All orders are processed manually, and we make every effort to process them promptly once confirmed. Products cancelled due to the above reasons will be permanently removed from listings across the website.

Description:

FULLY UPDATED EDITION WITH TWO NEW CHAPTERS


From the winners of the 2019 Nobel Prize in Economics


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.


Winner of the FT Goldman Sachs Business Book of the Year Award 2011

'Refreshingly original, wonderfully insightful . . . an entirely new perspective' Guardian

Review

To cut to the chase: this is the best book about the lives of the poor that I have read for a very, very long time ― Economist

A
page-turner about the micro-economics of aid policy might not sound too probable, but that's what [Banerjee and Duflo] have written, and it is a truly remarkable book . . . unmistakably contemporary, written beautifully ― Guardian

It is the
rich and humane portrayal of the lives of the very poor that most impresses. [The authors] show how those in poverty make sophisticated calculations in the grimmest of circumstances … Books such as these offer a better path forward ― Financial Times

Overturns many received ideas about what it's like to be poor -- Hari Kunzru ― Observer

A
compelling and important read … an honest and readable account about the poor that stands a chance of actually yielding results ― Forbes

Marvellous, rewarding … the sheer detail and warm sympathy on display reflects a true appreciation of the challenges their subjects face ― Wall Street Journal

A
remarkable work: incisive, scientific, compelling and very accessible, a must-read ― Financial World

Banerjee and Duflo assemble a
fascinating assortment of interventions from across the globe in their book … It is engaging and informative ― Business World (India)

A
marvellously insightful book by two outstanding researchers on the real nature of poverty -- Amartya Sen

It has been years since I read a book that taught me so much -- Steven D. Levitt

About the Author

Abhijit V. Banerjee (Author)
Abhijit Banerjee,winner of the 2019 Nobel Prize in Economics, is the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology, and a co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). In 2011, he was named one of Foreign Policy magazine’s top 100 global thinkers. Banerjee served on the U.N. Secretary-General’s High-level Panel of Eminent Persons on the Post-2015 Development Agenda.

Esther Duflo (Author)
Esther Duflo,winner of the 2019 Nobel Prize in Economics, is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics in the Department of Economics at the Massachusetts Institute of Technology and a co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL). Duflo is a member of the American Academy of Arts and Science, and has received numerous academic honors and prizes including the Princess of Asturias Award for Social Sciences (2015), the Infosys Prize (2014), the Dan David Prize (2013), a John Bates Clark Medal (2010), and a MacArthur “Genius Grant” Fellowship (2009).

Details:

More from this brand

Similar items from “Development”