Poor Economics

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

Business, Finance & Law , Economics, Science, Study & Work, Non-Fiction
Paperback Published on: 29/03/2012
£10.99
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Synopsis

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: 236g
  • Dimensions: 198 x 129 x 18 mm

Customer Reviews

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Poor Economics
Poor Economics
Arina
Poor Economics
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, Banerje... READ MORE
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