"Arguments and NOT Answers on Poverty", merits
The Modern Rationalist|November 2019
For the 2019-Nobel Memorial Prize for Economics, Abhijit Banerjee, Esther Duflo and Michael Kremer, the professors of Economics at Massachussetts Institute of Technology (MIT), USA, have been selected.
"Arguments and NOT Answers on Poverty", merits

The Award is for creating a new field of experiments viz. Randomised Controlled Trials (RCTs) on poverty across many countries. Abhijit Banerjee is India born and his wife Esther Duflo is of French origin.

The assistance programmes are implemented to help the poor but their assumptions are based on generalisations. But the real reduction or eradication of poverty is based on how the impoverished make decision on education, savings, healthcare, food and other issues. Professors Abhijit Banerjee and Esther Duflo have founded JPAL (Jameel Poverty Action Lab) and are conducting researches on poverty. “RCTs can play a role in building scientific knowledge and useful predictions but they can only do so as part of a cumulative programme, combining with other methods, including conceptual and theoretical development, to discount not “What Works” but “Why things Work”. More than the success of the poverty eradication, the research was on the reasons for the failures. Such an approach brought the probability of more success stories at global level in poverty eradication.

この記事は The Modern Rationalist の November 2019 版に掲載されています。

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この記事は The Modern Rationalist の November 2019 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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