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Common Reader 2015-2016 Our Kids: The American Dream in Crisis: Abhijit V Banerjee

Abhijit V Banerjee

ABHIJIT V BANERJEE  is an Indian economist. He is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology. In 2003 he founded the Abdul Latif Jameel Poverty Action Lab (J-PAL), along with Esther Duflo and Sendhil Mullainathan and remains one of the directors of the lab. In 2009 J-PAL won the BBVA Foundation "Frontier of Knowledge" award in the development cooperation category. He has been a Guggenheim Fellow and an Alfred P. Sloan Fellow. He received the Infosys Prize 2009 in Social Sciences and Economics. In 2011, he was named one of Foreign Policy magazine's top 100 global thinkers. His areas of research are development economics and economic theory

Born: February 1961, Kolkata, India

News and Reviews

The PLACE title by Abhijit V Banerjee is Poor Economics

In any event, Poor Economics should be accessible to almost anyone and would make a good introduction to poverty and approaches to its alleviation even for complete newcomers to the topic. It offers a lot of information on specific topics, with solidly grounded examples and arguments, as well as an overview of the area as a whole.

The Guardian, April 11, 2011
“[Banerjee and Duflo] offer a refreshingly original take on development, and they are very aware of how they are bringing an entirely new perspective into a subject dominated by big polemics from the likes of Jeffrey Sachs and William Easterly… they are clearly very clever economists and are doing a grand job to enrich their discipline's grasp of complex issues of poverty – so often misunderstood by people who have never been poor.”
The Economist, April 22, 2011
“In an engrossing new book they draw on some intrepid research and a store of personal anecdotes to illuminate the lives of the 865m people who, at the last count, live on less than $0.99 a day.”

The New York Times, May 19, 2011
“Randomized trials are the hottest thing in the fight against poverty, and two excellent new books have just come out by leaders in the field. One is “Poor Economics,” by Abhijit Banerjee and Esther Duflo… These terrific books move the debate to the crucial question: What kind of aid works best?”, April 25, 2011
“a compelling and important read… an honest and readable account about the poor that stands a chance of actually yielding results.”

Abhijit V Banerjee