Poor Economics

I am working through this great book by MIT economists Abhijit Banerjee and Esther Duflo called Poor Economics. This beautifully written tome goes through various problems in economic development and discusses how evidence from the fast growing array of randomized field experiments in development economics can be used towards designing incisive policy interventions. What I love about this book is that it is theoretical and practical all at once. While there is still a healthy debate over the utility of experiments in development economics (see this recent post by Chris Blattman, and this one), what can't be argued is the importance of this methodology as at least a complementary tool in our quest to understand why some places are poor and others are not.

One of my favorite aspects of this new book is the accompanying website (linked above). In addition to access to various tables and datasets for 18 different countries, the website has a link to lectures on Banerjee and Duflo. The lectures on health, in particular, are quite interesting: they cover prevention, deworming, the importance of information, and the role of health in development. Some of these are practical resources that would be highly useful for health care practitioners who are interested in global health.