Abhijit V. Banerjee

Why do the poor borrow to save? Why do they miss out on free life-saving immunizations, but pay for unnecessary drugs? In Poor Economics, Abhijit V. Banerjee and Esther Duflo, two practical visionaries working toward ending world poverty, answer these questions from the ground. In a book the Wall Street Journal called “marvelous, rewarding,” the authors tell how the stress of living on less than 99 cents per day encourages the poor to make questionable decisions that feed—not fight—poverty. The result is a radical rethinking of the economics of poverty that offers a ringside view of the lives of the world’s poorest, and shows that creating a world without poverty begins with understanding the daily decisions facing the poor.

Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it.Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable.In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect and show how economics, when done right, can help us solve the thorniest social and political problems of the day. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.

Indias economy is under threat with rising unemployment, banks in crisis, falling GDP and farmers unrest making headlines daily. In this brilliant and urgent book, the countrys most important economists, including Abhijit Banerjee, Gita Gopinath and Raghuram Rajan, bring together their proposals on how to get the country back on track. Collectively the book provides solutions to the key problems that India is currently facing labour reforms, healthcare, education and the environment while also focusing on the vital economic growth of the nation. Rigorously yet accessibly argued, What the Economy Needs Now is a timely and deeply important book.

With more than a billion people now living on less than a dollar a day, and with eight million dying each year because they are simply too poor to live, most would agree that the problem of global poverty is our greatest moral challenge. The large and pressing practical question is how best to address that challenge. Although millions of dollars flow to poor countries, the results are often disappointing. In Making Aid Work , Abhijit Banerjee--an "aid optimist"--argues that aid has much to contribute, but the lack of analysis about which programs really work causes considerable waste and inefficiency, which in turn fuels unwarranted pessimism about the role of aid in fostering economic development. Banerjee challenges aid donors to do better. Building on the model used to evaluate new drugs before they come on the market, he argues that donors should assess programs with field experiments using randomized trials. In fact, he writes, given the number of such experiments already undertaken, current levels of development assistance could focus entirely on programs with proven records of success in experimental conditions. Responding to his challenge, leaders in the field--including Nicholas Stern, Raymond Offenheiser, Alice Amsden, Ruth Levine, Angus Deaton, and others--question whether randomized trials are the most appropriate way to evaluate success for all programs. They raise broader questions as well, about the importance of aid for economic development and about the kinds of interventions (micro or macro, political or economic) that will lead to real improvements in the lives of poor people around the world. With one in every six people now living in extreme poverty, getting it right is crucial.

We all know of Abhijit Banerjee as a Nobel Prize–winning Economist. Now meet Abhijit Banerjee the gourmet chef. In this playful, erudite and sensationally delicious cookbook, Banerjee takes us through the recipes he has delighted his friends, colleagues and students with—from charred avocado to Andhra pork ribs, deconstructed salade niçoise to a trifle made in under 20 minutes. Along the way he riffs on Karl Marx, Bengali vegetarian cooking, and why soup is so consoling. Superbly illustrated by Cheyenne Olivier, this is a book to both read and to cook outstanding meals from.

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Le premier livre de cuisine indienne écrit par un prix nobel d'économie, accesssible, chaleureux et source de réflexions sur les grandes questions sociales d’aujourd’hui.Organisé autour des 10 chapitres – hors,d’œuvre, soupes, salades, légumes, viandes, œufs et poissons, pâtes, riz, desserts, profiter des restes – introduit par un texte à la fois économique, désopilant et culinaire d'AB, agrémentés d’anecdotes de son ami l’économiste français Thomas Piketty et illustrés de mises en situation de l’auteur et de compositions géométriques colorés de Cheyenne Olivier, ce livre de cuisine peu banal est un livre de recettes et de conseils ponctués de mises en perspective des grandes questions sociales d’aujourd’hui.