Taylor reviewed Poor Economics by Abhijit V. Banerjee
Review of 'Poor Economics' on 'Goodreads'
5 stars
A comprehensive study on the priorities, needs, and current challenges of the world’s poorest.
The authors combine their first-hand experience, surveys, and knowledge from previous milestone books and studies on poverty. The focus is on "the kinds of theories that help us make sense of both what the poor are able to achieve, and where and for what reason they need a push."
The lasting effects of things like a mosquito net or a child able to breastfeed was an interesting theme throughout. Poverty traps, government rules, and local mindsets are explained so that we can see other's lives from a more accurate perspective.
For every backpacker that’s visited a developing country and wondered why there are so many houses left unfinished, or have rebar sticking out of the top floor, it’s explained.
For anyone that has wondered why the poor can’t just start saving small amounts of money at …
A comprehensive study on the priorities, needs, and current challenges of the world’s poorest.
The authors combine their first-hand experience, surveys, and knowledge from previous milestone books and studies on poverty. The focus is on "the kinds of theories that help us make sense of both what the poor are able to achieve, and where and for what reason they need a push."
The lasting effects of things like a mosquito net or a child able to breastfeed was an interesting theme throughout. Poverty traps, government rules, and local mindsets are explained so that we can see other's lives from a more accurate perspective.
For every backpacker that’s visited a developing country and wondered why there are so many houses left unfinished, or have rebar sticking out of the top floor, it’s explained.
For anyone that has wondered why the poor can’t just start saving small amounts of money at their local bank, it’s explained.
Entrepreneurship, loans, micro-credits, healthcare, conveying information, schooling, insurance, and foreign intervention are some of the topics covered. This book is a positive contribution to the world.
