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An eye opening investigation into the life below the poverty line - the reality for 865 million people daily !
Both Esther Duflo and Abhijit Banerjee are professors for Economics at MIT and have written this winner of the FT Goldman Sachs Business Book of the Year.

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Winner of the FT Goldman Sachs Business Book of the Year Award 2011

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.

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Poor Economics is making waves . . . refreshingly original, wonderfully insightful . . . an entirely new perspective Guardian

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Banerjee, Abhijit
Abhijit Banerjee is the Ford Foundation International Professor of Economics at MIT and the author of Poor Economics. He has been named as one of Foreign Policy magazine´s top 100 global thinkers and has served on the U.N. Secretary-General´s panel on the Post-2015 Development Agenda.

Duflo, Esther
Esther Duflo is the Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics at MIT and the author of Poor Economics. Duflo is a member of the American Academy of Arts and Science, and has received numerous academic honors and prizes including the Infosys Prize, the Dan David Prize, a John Bates Clark Medal, and a MacArthur "Genius Grant" Fellowship.

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