Abigit·Banerjee (Abhijit V.Banerjee) Professor of international economics, Ford foundation, Massachusetts Institute of technology. He studied at the University of gargada and Jawaharlal in India·Nehru University and Harvard University; He once served as director of the Bureau of development economics analysis and research, researcher of the American Academy of Arts and Sciences and the society of econometrics, Guggenheim foundation and Alfred·Sloan Foundation researcher. Obtain2009Infosys of the year（Infosys）He has been an Honorary Adviser to many organizations such as the world bank and the Indian government.

Esther·Diflo(Esther Duflo) Abdul, Department of economics, Massachusetts Institute of Technology·Latif·Jamir professor of poverty alleviation and development economics; He studied at the Higher Normal College in Paris, France and the Massachusetts Institute of technology in the United States; Honored: John·Bates·Clark award,2010year“united States40Economist under the age of”,2009MacArthur of the year“genius”Scholarship, economist magazine“Eight outstanding economists”Foreign Policy magazine“Hundreds of influential thinkers”Fortune magazine2010year“40position40Under the age of”One of the influential business leaders.

2003In, benaji and diflo jointly founded Abdullah·Latif·Jamir Poverty Action Laboratory（J-PAL）And has been providing guidance for the laboratory.J-PALThe task of the laboratory is to ensure that the formulation of Poverty Alleviation Policies is based on scientific basis, so as to reduce the number of poor people.J-PALThe research results of the laboratory have won international recognition and won the annual award of the Bank of Biscay in Bilbao, Spain“Knowledge frontier”Awards.

Abigit·Banerjee and Esther·Diflo is very good at summarizing the secrets of economic development. They used many local investigation records and experiments to explore how the poor in poor countries cope with poverty: what do they know? What do they want or dont want on the surface? What do they expect of themselves and others? How do they make choices? Obviously, the two authors through personal actions and public relations The action has won many meaningful small victories and brought huge benefits to the poor, and these benefits may continue like a snowball. This book fascinates me and makes me full of confidence in the poor to get rid of poverty.
——Robert·Merton·Solow Nobel Laureate in economics and professor at MIT
This is a very insightful book written by two authors specializing in the nature of poverty.
——Amartya·Sen Nobel Laureate in economics and professor of economics and psychology at Harvard University
For everyone who cares about the worlds poverty problem, this book is an essential reading. I havent read a book that can let me learn so much for a long time. The essence of poverty can be called the essence of economics*A gift.
——Stephen·Levitt Author of devil Economics
Abigit·Banerjee and Esther·This fascinating and readable book co authored by Duflo goes beyond a simple analysis of poverty. The book fully discusses the challenges faced by poor families to change the current situation, shows their efforts to move out of current poverty, and verifies it with real data. The essence of poverty is a promising book. While exploring the core problems of poverty, this book retains the spirit of optimism and the search for more answers.
——Nandan·Former CEO of narakani Infosys Technology Co., Ltd. and chairman of the Indian identity card authority
They have made a powerful attempt for development economics, and are very clear about the differences between their views and the dominant demonstration methods. These very intelligent economists have enriched the basic principles of poverty——These principles are often misunderstood by the public……The book sparked a discussion about the development cycle. In addition to focusing on randomized controlled trials, it also involves contents that have been ignored or not agreed by the academic community, such as how the poor make decisions, whether their decisions are correct, and how politicians respond to these decisions.
——The guardian
In this book, the author has carried out bold research, experienced and described the world at least8.65100 million poor people (average daily income less than)0.99Real life.
——The economist
This is a very convincing book. It truly reproduces the life of the poor and is likely to produce meaningful results.
——Forbes
This is an extraordinary book. I have gained a lot after reading it. The essence of poverty is a detailed description of the marginal life in the living environment of the poor. The two authors clearly and sympathetically describe the challenges they face in their research field, and they create a new perspective for facts, assumptions and speculation. For this reason, the book is worth reading.
——Wall Street Journal
In addition to the personal experience recorded in this book, what is impressive is the personalized description of the lives of the poor. It reflects how the poor make choices in difficult circumstances. Such books help us open up a new way forward and represent the practical direction we need to continue to adhere to.
——Financial Times
This book is wonderful and fascinating. It seems to be a devils economics tailored for the poor. There are many in-depth insights on solving the problem of poverty from the perspective of the people we serve. They awaken our common humanity and remind us that people think alike in general.
——Fast company
Randomized controlled experiment is a common method to solve the problem of poverty. This book was written by abigit·Banerjee and Esther·The essence of poverty, CO authored by Duflo, gives a profound explanation and puts forward a thought-provoking question:“What forms of assistance*Effective?”
——New York Times
This is a scientific, profound, clear and easy to understand book. It is the work of those who hold or oppose international assistance, as well as experts in relevant fields and ordinary readers interested in poverty. Nobel laureate Amartya·Sen, Robert·Merton·Solow and Stephen, the best-selling author of Economics·Levitt recommended it. I think you*OK, read this book. It will open a new discussion topic of development economics.
——American Financial World
This book implicitly expresses the view that economic research does not need to combine social science and economics, which is an amazing change in research methods.
——Indian Express
Two famous economists abigit·Banerjee and Esther·Diflo continuous15In, he made an exquisite research on the problem of poverty and explored the real reason why we cant solve the problem of poverty. The books arguments are clear and well founded, overturning the traditional methods of studying poverty in the past. It can be regarded as a wake-up work for readers who pay attention to such issues.
——Cox review

They were once said to be the burden of whites and the victims of the bad government of weak countries.
They are*Bottom10Billion people live every day0.99Below the poverty line of the dollar.
Trillions of dollars in aid failed to save them from fire and water,
They are still trapped in the trap of poverty and the way ahead is unknown……

Why poverty?
Why do they buy TV when they cant eat enough? Why dont their children love learning even when they go to school? Why do they spend money on medicine instead of enjoying their healthy life? Why can they start a business but cant keep it? Why do most people think microfinance and poor banks are useless?
fifteenSince, in order to find out why poverty occurs and what specific problems poverty will lead to, the poor have been trapped and unable to escape“Poverty trap”The two authors go deep into the poor world of many countries on five continents to investigate the poor*Centralized18Countries and regions, from the daily life, education, health, entrepreneurship, assistance, governmentNGOAnd other aspects of life to explore the real root causes of poverty.
At the same time, the book also reflects on some popular views on poverty, such as the more aid, the stronger the dependence of the poor, the failure of external assistance, and so on. They pointed out that most poverty alleviation policies over the years ended in failure because peoples understanding of poverty was not deep enough and good steel was not used on the blade. Through their examples, they put forward some practical suggestions to find those poverty alleviation schemes that can stand the test, which provides important guidance for policymakers, philanthropists, politicians and all people who want to get rid of poverty.

FROM THE WINNERS OF THE 2019 NOBEL PRIZE IN ECONOMICS

Refreshingly original, wonderfully insightful . . . an entirely new perspective Guardian

Why would a man in Morocco who doesnt 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.

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