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Poor Economics
''Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty'' (2011) is a non-fiction book by Abhijit V. Banerjee and Esther Duflo, both professors of Economics at Massachusetts Institute of Technology (MIT) and Nobel Memorial Prize in Economic Sciences laureates. The book reports on the effectiveness of solutions to global poverty using an evidence-based randomized control trial approach. It won the 2011 Financial Times and Goldman Sachs Business Book of the Year Award.Andrew Hill"‘Poor Economics’ takes business book prize" ''Financial Times'', 3 Nov 2011. Overview ''Poor Economics'' lays out a middle ground between purely market-based solutions to global poverty, versus "grand development plans." It rejects broad generalizations and formulaic thinking. Instead, the authors help to understand how the poor really think and make decisions on such matters as education, healthcare, savings, entrepreneurship, and a variety of other issues. They advocate the use ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Esther Duflo
Esther Duflo, FBA (; born 25 October 1972) is a French–American economist who is a professor of Poverty Alleviation and Development Economics at the Massachusetts Institute of Technology (MIT). She is the co-founder and co-director of the Abdul Latif Jameel Poverty Action Lab (J-PAL), which was established in 2003. She shared the 2019 Nobel Memorial Prize in Economic Sciences with Abhijit Banerjeehttps://economics.mit.edu/faculty/banerjee/short Retrieved July 24, 2020, Friday and Michael Kremer,https://scholar.harvard.edu/kremer/home Retrieved July 24, 2020, Friday "for their experimental approach to alleviating global poverty". Duflo is a National Bureau of Economic Research (NBER) research associate, a board member of the Bureau for Research and Economic Analysis of Development (BREAD), and director of the Centre for Economic Policy Research's development economics program. Her research focuses on microeconomic issues in developing countries, including household behavior, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times And Goldman Sachs Business Book Of The Year Award
''Financial Times'' Business Book of the Year Award is an annual award given to the best business book of the year as determined by the ''Financial Times''. It aims to find the book that has 'the most compelling and enjoyable insight into modern business issues'. The award was established in 2005 and is worth . Beginning in 2010, five short-listed authors each receive , previously it was . The award's principal partner was Goldman Sachs from 2005–2013, when it was known as the "''Financial Times'' and Goldman Sachs Business Book of the Year Award". McKinsey & Company supported the Business Book Award from 2014 until 2021, when it was known as the "''Financial Times'' and McKinsey Business Book of the Year Award". Since 2014, the Financial Times Business Book of the Year Award is presented at the same time as the Bracken Bower Prize for young business writers. Winners and shortlist Blue Ribbon () = winner 2005 The shortlist was announced 20 September 2005, and the winner anno ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abhijit Banerjee
Abhijit Vinayak Banerjee (; born 21 February 1961) is an Indian-American economist who is currently the Ford Foundation International Professor of Economics at Massachusetts Institute of Technology. Banerjee shared the 2019 Nobel Memorial Prize in Economic Sciences with Esther Duflo and Michael Kremer "for their experimental approach to alleviating global poverty". He and Esther Duflo, who are married, are the sixth married couple to jointly win a Nobel Prize. * * * Early life and education Abhijit Banerjee was born to a Bengali father and to a Marathi mother in Mumbai. * * * * * His father, Dipak Banerjee, was a professor of economics at Presidency College, Calcutta, and his mother Nirmala Banerjee (née Patankar), a professor of economics at the Centre for Studies in Social Sciences, Calcutta. His father, Dipak Banerjee, earned a PhD in economics from the London School of Economics. He received his school education in South Point High School, a renowned educat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nicholas Kristof
Nicholas Donabet Kristof (born April 27, 1959) is an American journalist and political commentator. A winner of two Pulitzer Prizes, he is a regular CNN contributor and an op-ed columnist for ''The New York Times''. Born in Chicago, Kristof was raised in the rural community of Yamhill, Oregon, the son of two professors at Portland State University. After graduating from Harvard University, where he wrote for ''The Harvard Crimson'', Kristof intermittently interned at ''The Oregonian''. He joined the staff of ''The New York Times'' in 1984. Kristof is a self-described progressive. According to ''The Washington Post'', Kristof "rewrote opinion journalism" with his emphasis on human rights abuses and social injustices, such as human trafficking and the Darfur conflict. Archbishop Desmond Tutu of South Africa described Kristof as an "honorary African" for shining a spotlight on neglected conflicts in the continent. Early life and education Kristof was born in Chicago, Illinois, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Guardian
''The Guardian'' is a British daily newspaper A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sport .... It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited, Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Madeleine Bunting
Madeleine Clare J. Bunting (born March 1964) is an English writer. She was formerly an associate editor and columnist at ''The Guardian'' newspaper. She has written five works of non-fiction and two novels (''Ceremony of Innocence'' will be published in 2022). She is a regular broadcaster for the BBC. Her most recent series of essays for BBC Radio 3 was on the idea of Home, and broadcast in March 2020. Previous series of essays include 'Are You Paying Attention?' (2018) 'The Crisis of Care' (2016) and 'The Retreating Roar' (2014) on the loss of faith. Life and career Early life and education Bunting was born Clare Bunting in Oswaldkirk, North Yorkshire, the daughter of Romola Jane (Farquharson) and sculptor John Bunting, who taught drawing at the Catholic independent school Ampleforth College. Her ancestry is English, Irish, Scottish, and, through her maternal grandmother, Ashkenazi and Sephardi Jewish. The fourth of five children, Madeleine was the youngest daughter from John an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Solow
Robert Merton Solow, GCIH (; born August 23, 1924) is an American economist whose work on the theory of economic growth culminated in the exogenous growth model named after him. He is currently Emeritus Institute Professor of Economics at the Massachusetts Institute of Technology, where he has been a professor since 1949. He was awarded the John Bates Clark Medal in 1961, the Nobel Memorial Prize in Economic Sciences in 1987, and the Presidential Medal of Freedom in 2014. Four of his PhD students, George Akerlof, Joseph Stiglitz, Peter Diamond and William Nordhaus later received Nobel Memorial Prizes in Economic Sciences in their own right. Biography Robert Solow was born in Brooklyn, New York, into a Jewish family on August 23, 1924, the oldest of three children. He regarded his parents as being very intelligent despite their not being able to attend college due to the necessity to work. He was well educated in the neighborhood public schools and excelled academicall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
40 Under 40 (Fortune Magazine)
''Fortune'' magazine's 40 Under 40 is a list of individuals the publication considers to be the most influential young leaders for the year. The list has existed in two phases: First, from 1999 to 2003, the list was presented purely as a numeric ranking of wealth, capturing the first dot com boom. The current iteration started in 2009 and is a subjective ranking of power and influence. The list includes business executives, political figures, sportsmen, fashion designers, and others who are under the age of forty years old. The majority of the list members are business executives from the tech industry. The list often features business men and women who have made their names in various enterprises, and does not always choose candidates from blue chip Blue chip may refer to: * Blue casino token * Blue chip (stock market), a corporation with a national reputation for quality, reliability, and the ability to operate profitably * Blue chip (sports), collegiate athletes who are tar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MacArthur Fellows Program
The MacArthur Fellows Program, also known as the MacArthur Fellowship and commonly but unofficially known as the "Genius Grant", is a prize awarded annually by the MacArthur Foundation, John D. and Catherine T. MacArthur Foundation typically to between 20 and 30 individuals, working in any field, who have shown "extraordinary originality and dedication in their creative pursuits and a marked capacity for self-direction" and are citizens or residents of the United States. According to the foundation's website, "the fellowship is not a reward for past accomplishment, but rather an investment in a person's originality, insight, and potential," but it also says such potential is "based on a track record of significant accomplishments." The current prize is $800,000 paid over five years in quarterly installments. Previously it was $625,000. This figure was increased from $500,000 in 2013 with the release of a review of the MacArthur Fellows Program. Since 1981, 1,111 people have been ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Bates Clark Medal
The John Bates Clark Medal is awarded by the American Economic Association to "that American economist under the age of forty who is adjudged to have made a significant contribution to economic thought and knowledge." The award is named after the American economist John Bates Clark (1847–1938). According to ''The Chronicle of Higher Education'', it "is widely regarded as one of the field's most prestigious awards... second only to the Nobel Memorial Prize in Economic Sciences." Many of the recipients went on to receive the Nobel Prizes in their later careers, including the inaugural recipient Paul Samuelson. The award was made biennially until 2007, but from 2009 is now awarded every year because of the growth of the field. Although the Clark medal is billed as a prize for American economists, it is sufficient that the candidates work in the US at the time of the award; US nationality is not necessary to be considered. Past recipients See also * List of economics award ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Development Economics
Development economics is a branch of economics which deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether through public or private channels. Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level. This may involve restructuring market incentives or using mathematical methods such as intertemporal optimization for project analysis, or it may involve a mixture of quantitative and qualitative methods. Common topics include growth theory, poverty and inequality, human capital, and institutions. Unlike in many other fields of economics, approaches in development e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poverty Alleviation
Poverty reduction, poverty relief, or poverty alleviation, is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classic ''Progress and Poverty'', are those that raise, or are intended to raise, ways of enabling the poor to create wealth for themselves as a conduit of ending poverty forever. In modern times, various economists within the Georgism movement propose measures like the land value tax to enhance access to the natural world for all. Poverty occurs in both developing countries and developed countries. While poverty is much more widespread in developing countries, both types of countries undertake poverty reduction measures. Poverty has been historically accepted in some parts of the world as inevitable as non-industrialized economies produced very little, while populations grew almost as fast, making wealth scarce. Geoffrey Parker wrote that: Po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
