
Abhijit Banerjee, Esther Duflo, Michael Kremer Economics of Poverty Winsthe 2019 Nobel in EconomicsThe 2019 Nobel Prize for Economics has for the first time been awarded to three economists whose work has focused on poverty - Abhijit Banerjee and Esther Duflo of MIT and Michael Kremer of Harvard. The work of Banerjee and Duflo has applied the methodology of epidemiology to poverty alleviation, including randomized control trials of inputs and methods many development agencies take on faith. This approach has set off some discussion between our members. Our discussion began with an article published recently by Kiari Liman-Tinguiri and a response by Niloufar Pourzand in which she provided a dissenting view by 15 other development economists. Tom McDermott then added his own thoughts based on classes he followed a few years ago with Banerjee and Duflo. We hope others might join in the discussion. |
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