A Nobel Prize Winner on Rethinking Poverty (and Business)

Esther Duflo, an MIT economist, won the 2019 Nobel Prize in
Economic Sciences for her experimental approach to alleviating
global poverty. Duflo’s early life working at a non-governmental
organization in Madagascar and volunteering in soup kitchens in her
native France inspired her to study economics and research the root
causes of poverty. With her fellow Nobel winners Abhijit Banerjee
of MIT and Michael Kremer of Harvard, Duflo showed that effective
policies often go against conventional wisdom and popular economic
models. The only way to find out what works, she argues, is to
rigorously test solutions on the ground, and she encourages
businesses to do the same. With Banerjee, Duflo also wrote the new
book "Good Economics for Hard Times."