The 2019 Nobel Prize in Economics was awarded to 3 academics for tackling global poverty
Share to twitterCAMBRIDGE, MA - OCTOBER 14: Esther Duflo and Abhijit Banerjee, who share a 2019 Nobel Prize in Economics with Michael Kremer, answer questions during a press conference at Massachusetts Institute of Technology on October 14, 2019 in Cambridge,The 2019 Nobel Prize in Economics was awarded to economists Abhijit Banerjee, Esther Duflo and Michael Kremer for their pioneering work alleviating global poverty. The winners were announced on Monday morning.
Duflo is the second woman and the youngest person to ever receive the prestigious award in the field of economics. The trio will evenly split the 9 million Swedish Krona prize . Poor people are supposed to be either completely desperate or lazy or entrepreneurial but people don’t – we don’t try to … understand the deep root and interconnected root of poverty.Their work, which tackles one of humanities most pressing issues, is based on the idea that to battle poverty, the issues should be broken down into smaller pieces and studied via small field experiments to answer precise questions within the communities who are most affected.
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