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Tiny loans keep starvation at bay, but don't create 'good jobs'
Most of the world’s desperately poor are reluctant entrepreneurs, not natural ones. And, though stories of miracles wrought by microcredit are often true, little loans to people who are spurned by the banks are not a panacea for global poverty.
No poverty of ideas
A review and book extract from Poor Economics.
Does Poverty Erode Free Will?
for the poor, “almost everything they do requires tradeoff thinking. It’s distracting, it’s depleting... and it leads to error.”
Bucks, bangs and governance: Two must-read books on aid
Alan Hudson, Governance Adviser at ONE reviews More Than Good Intentions and Poor Economics.
Planet Money Podcast: Poor Economics
Planet Money talks to Abhijit Banerjee and Esther Duflo about Poor Economics.
The economics of witch hunting
One of many unpleasant-but-interesting paragraphs in Abhijit Banerjee and Esther Duflo’s “Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty.”
Why Can’t More Poor People Escape Poverty?
A radical new explanation from psychologists.
Why Doesn’t Microcredit Create Entrepreneurs?
The authors of a new book that looks at ways to reduce poverty around the world (and whether they work) have suggested one possible reason why the microcredit model may not be creating more entrepreneurs: It rewards cautiousness.
In praise of … Esther Duflo and Abhijit Banerjee
You've heard of the Keynesians, the monetarists, the behaviouralists. Well, now meet the randomistas.
New SME Financial Access Initiatives: Private Foundations' Path to Donor Partnerships
"In recent years, a number of private foundations and organizations have launched ambitious initiatives to support promising entrepreneurs in developing countries, on both a for-profit and not-for-profit basis."
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