Investigating the Root of Poverty: An In-depth Analysis of Poor Economics

Chapter 1:what is Poor Economics book about<br> <br> Poor Economics by Abhijit V. Banerjee and Esther Duflo is a book that investigates the lives of the poor and the effectiveness of different poverty alleviation policies and programs. Banerjee and Duflo, both economists, approach the subject by utilizing randomized control trials (RCTs) to analyze various interventions and their impacts.<br> <br> The authors focus on the specific aspects of poverty that traditional economic theory often overlooks, such as the lack of access to basic necessities, healthcare, education, and financial services. They argue that understanding the complex realities of poverty is...