Disclosure : This site contains affiliate links to products. We may receive a commission for purchases made through these links.

Poor Economics: Barefoot Hedge-fund Managers, DIY Doctors and the Surprising Truth About Life on Less Than $1 a Day

This title is 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.

Related Products:

Barefoot Surgeon: The Inspirational Story of Dr Sanduk Ruit, the Eye Surgeon Giving Sight and Hope to the World`s Poor Banker to the Poor: The Story of the Grameen Bank Lovely Beasts: The Surprising Truth Aid and Other Dirty Business: How Good Intentions Have Failed the World`s Poor The Economics of Climate Change The Life-changing Magic of Tidying: A Simple, Effective Way to Banish Clutter Forever Poor Cook: Fabulous Food for Next to Nothing Poor Cow A Poor Collector`s Guide to Buying Great Art Poor Little Rabbit! Life on the Line: People of the Arctic Circle The Inner Life of Animals: Surprising Observations of a Hidden World Poor Light and Life in the Middle Hills: A Photographer`s Perspective of Life in Nepal 12 Birds to Save Your Life: Nature`s Lessons in Happiness NZ5216 Poor Knights Islands, High Peak Rocks and Sugar Loaf Rock Good Economics for Hard Times: Better Answers to Our Biggest Problems Eager: The Surprising, Secret Life of Beavers and Why They Matter Real Impact: The New Economics of Social Change London Lives: Poverty, Crime and the Making of a Modern City, 1690-1800 I Can`t Believe You Just Said That: The truth about why people are SO rude Work Clean: The Life-Changing Power of Mise-En-Place to Organize Your Life, Work and Mind The Secret Life of Fish: The Astonishing Truth about our Aquatic Cousins A Bientot…: Reflections on Life Brambly Hedge Autumn Story Pb Misbehaving: The Making of Behavioural Economics Beyond Limits: A Life Through Climbing Life in a Medieval City Barefoot Books Water: A Deep Dive of Discovery Another Life Writing to Save a Life No Fixed Abode: Life and Death Among the UK`s Forgotten Homeless Age of Ambition: Chasing Fortune, Truth and Faith in the New China The Little Book of Life Hacks: How to Make Your Life Happier, Healthier, and More Beautiful Joyful: The surprising power of ordinary things to create extraordinary happiness The Race to Save the Romanovs: The Truth Behind the Secret Plans to Rescue Russia`s Imperial Family Inconvenient People: Lunacy, Liberty and the Mad-doctors in Victorian England Daily Life in Ancient Rome: The People and the City at the Height of the Empire Mr Darley`s Arabian: High Life, Low Life, Sporting Life: A History of Racing in 25 Horses You Can Heal Your Life