In 2005, Stephen J. Dubner and Steven Levitt wrote"Freakonomics." It was a layman's version of Levitt's economic research. The book was sufficiently fascinating that one of my colleagues, who has a PhD in math from Michigan, was compelled to buy some of Levitt's original papers on which the book was based. My colleague couldn't get through the first page. The complexity of the math lost him.
What made those ideas so very powerful was that they were understandable. ) Normal people could argue them over a cup of coffee. Those days are long gone. Mathematical economics is more complex than rocket science. In astrophysics, bodies move in predictable ways. Economics is the study of human behavior. All of us who've had teenage kids know how predictable that is.
Perhaps it's like electromagnetism. I don't really understand it, but I benefit from the research that has gone into the laws of electromagnetism because that knowledge is embedded into devices that I can use. Perhaps the work done by Banerjee, Duflo and Kremer will become embedded into economic models used by the IMF and World Bank and will shape the way more developed nations try to help less developed ones.
Good deeds don't need a reward. We don't live in 'our world' Sorry to burst your bubble
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Nobel prize in economics given to 3 economists for work on alleviating global povertyThe Nobel prize in economics has been awarded to 3 economists 'for their experimental approach to alleviating global poverty.' Say you know, GOPs don't care about ISIS regrouping bigger & better as long as trumpys making then tons and tons of $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ How about some actual reporting and describe what it is they did instead of just describing the prize.
Source: ABC - 🏆 471. / 51 Read more »
Three economists win Nobel Prize for work in fighting global povertyIndian-born economist Abhijit Banerjee, French economist Esther Duflo and American Michael Kremer won the Nobel in Economics for their work in figuring out how to fight global poverty. These 'nobel' economists don't have that great a track record when you apply their theories to events that happen post award... Congrats Hi,fighting global poverty, Best one is Chinese government. Haaaa.....
Source: CNBC - 🏆 12. / 72 Read more »
Economists who study poverty win Nobel PrizeAbhijit Banerjee, Esther Duflo and Michael Kremer bag coveted prize for pioneering new ways to alleviate global poverty, the award-giving academy says. Uazin siz. Size karsi olan sansuru de kiracagiz Destek
Source: trtworld - 🏆 101. / 63 Read more »
3 economists who study poverty win Nobel PrizeTwo researchers from the Massachusetts Institute of Technology and a third from Harvard University won the 2019 Nobel Prize in economics on Monday for groundbreaking research into what works and what doesn&39;t in the fight to reduce global poverty. The award went to MIT&39;s Abhijit Banerjee and Economists, who study poverty, win Noble Prize. Restrictive vs unrestrictive clauses are fun. Did they fix anything? Every time I go into Manhattan since mayor BilldeBlasio I study poverty
Source: YahooNews - 🏆 380. / 59 Read more »
Poverty-tackling trio win Nobel economics prizeU.S.-based economists Abhijit Banerjee, Esther Duflo and Michael Kremer win the 2019 Nobel Economics Prize for their work in fighting poverty. More here: Any comments JNU bashing Sanghi this time . Nobel Peace and Economics prizes are completely worthless.
Source: Reuters - 🏆 2. / 97 Read more »
Pioneers in fight against poverty win 2019 Nobel economics prizeEconomists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel ... give a nobel economics prize to john brown Thats a Nobel cause no doubt about it .
Source: Reuters - 🏆 2. / 97 Read more »