Poor Economics by Abhijit V. Banerjee, Esther Duflo

This book delves into the complex world of poverty, challenging conventional wisdom and assumptions about the economic decisions of the poor. Through rigorous analysis and empirical evidence, the authors explore how the poor make choices regarding education, health care, savings, and investments, revealing the logic behind these decisions. They argue that understanding these choices is crucial for designing effective anti-poverty policies. The book advocates for a more nuanced, bottom-up approach to economics, emphasizing the importance of specific, targeted interventions over broad, one-size-fits-all solutions. By combining detailed field research with economic theory, it provides insightful perspectives on how to empower the world's impoverished populations.

The 9294th greatest book of all time

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Total Points: 69

Since this book was first published in 2011, there is a penalty of 59.2%. The age adjusted score is 28.15.

This is to prevent newer books from reaching super high on the ranked list of the greatest books of all time. The greatest books should also stand the test of time.